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 19.59 (%).Trend:Decrease 68.54% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 14.77 (%).Trend:Decrease 24.6% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 32.61 (%).Trend:Increase 120.79% than previous quarter

Overall: increasing (66.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 62.13 (%).Trend:Decrease 62.58% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 47.3 (%).Trend:Decrease 23.87% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 120.68 (%).Trend:Increase 155.14% than previous quarter

Overall: increasing (94.24%). 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 29.45 (%).Trend:Decrease 55.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 21.55 (%).Trend:Decrease 26.83% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 70.53 (%).Trend:Increase 227.29% than previous quarter

Overall: increasing (139.49%). 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 5.58 (%).Trend:Increase 11.38% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 6.28 (%).Trend:Increase 12.54% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.09 (%).Trend:Increase 28.82% than previous quarter

Overall: increasing (44.98%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


The financial data reveals significant fluctuations in key financial indicators across three quarters. Liabilities and current assets on revenue demonstrate significant volatility, decreasing then increasing in certain quarters. Cost efficiency, represented by the ratio of retained earnings to revenue, displays a similar pattern of substantial changes. Investment efficiency, as measured by retained earnings on assets, shows a more moderate but still changing trend.