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 26.05 (%).Trend:Decrease 45.19% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.55 (%).Trend:Decrease 28.79% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 60.35 (%).Trend:Increase 225.34% than previous quarter

Overall: increasing (131.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 156.44 (%).Trend:Decrease 44.03% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 121.0 (%).Trend:Decrease 22.65% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 478.98 (%).Trend:Increase 295.85% than previous quarter

Overall: increasing (206.17%). 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 -310.49 (%).Trend:Decrease 41.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -206.03 (%).Trend:Decrease 33.64% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -559.0 (%).Trend:Increase 171.32% than previous quarter

Overall: decreasing (80.04%). 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 -115.98 (%).Trend:Increase 4.99% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -111.28 (%).Trend:Decrease 4.05% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -82.29 (%).Trend:Decrease 26.05% than previous quarter

Overall: increasing (-29.05%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q2 2020 to Q1 2021 shows considerable volatility.  Working capital efficiency is exhibiting both increases and decreases in liabilities and current assets against revenue. Cost efficiency, as measured by the declining retained earnings-to-revenue ratio, suggests declining profitability. Investment efficiency, as measured by retained earnings on assets, exhibits an increasing but fluctuating trend.  The significant fluctuations highlight the need for a thorough analysis of operational and financial factors contributing to these variations.