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 183.25 (%).Trend:Decrease 41.49% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 108.08 (%).Trend:Decrease 41.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 262.58 (%).Trend:Increase 142.95% than previous quarter

Overall: increasing (43.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 205.81 (%).Trend:Decrease 38.59% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 119.57 (%).Trend:Decrease 41.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 282.42 (%).Trend:Increase 136.2% than previous quarter

Overall: increasing (37.22%). 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 59.05 (%).Trend:Decrease 33.5% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 39.06 (%).Trend:Decrease 33.85% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 120.37 (%).Trend:Increase 208.17% than previous quarter

Overall: increasing (103.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.72 (%).Trend:Increase 14.2% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.58 (%).Trend:Decrease 14.77% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.2 (%).Trend:Decrease 5.78% than previous quarter

Overall: decreasing (-19.69%). Fluctuation: **Neutral** (moderate variation).


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 10.57 (%).Trend:Increase 0.67% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 12.16 (%).Trend:Increase 15.04% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 14.68 (%).Trend:Increase 20.72% than previous quarter

Overall: increasing (38.88%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.39 (USD).Trend:Decrease 329.41% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.41 (USD).Trend:Decrease 717.95% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.06 (USD).Trend:Decrease 14.52% than previous quarter

Overall: increasing (-628.21%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2020 to Q1 2021 financial data shows substantial fluctuations in working capital efficiency metrics, such as liabilities and current assets on revenue, with overall increases but with large variations.  Cost efficiency, indicated by the ratio of retained earnings to revenue, demonstrates a fluctuating, upward trend, but with significant variability.  SG&A expense ratio shows a minor decrease overall.  Investment efficiency reveals a stable increase in retained earnings on assets. Earning per share exhibits significant fluctuations, though increasing overall.