Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 21.13 (%).Trend:Decrease 47.96% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 16.28 (%).Trend:Decrease 22.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 46.33 (%).Trend:Increase 184.58% than previous quarter

Overall: increasing (119.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 74.89 (%).Trend:Decrease 42.93% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 52.87 (%).Trend:Decrease 29.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 142.36 (%).Trend:Increase 169.26% than previous quarter

Overall: increasing (90.09%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 15.8 (%).Trend:Decrease 46.73% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 9.59 (%).Trend:Decrease 39.3% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 8.78 (%).Trend:Decrease 8.45% than previous quarter

Overall: decreasing (-44.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets 8.79 (%).Trend:Decrease 12.62% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.71 (%).Trend:Decrease 12.29% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.56 (%).Trend:Decrease 66.8% than previous quarter

Overall: decreasing (-70.88%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.05 (USD).Trend:Increase 118.75% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.39 (USD).Trend:Increase 32.38% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.49 (USD).Trend:Decrease 64.75% than previous quarter

Overall: increasing (-53.33%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2020 to Q1 2021 financial data reveals considerable fluctuation. Working capital metrics, including liabilities and current assets on revenue, experienced significant increases and declines. Cost efficiency, measured by the retained earnings-to-revenue ratio, shows a negative trend. Investment efficiency, as represented by retained earnings on assets, displays a strong downward trend.  Earnings per share also experienced significant variation and decline.