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 63.1 (%).Trend:Decrease 31.64% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 30.77 (%).Trend:Decrease 51.24% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 493.71 (%).Trend:Increase 1504.52% than previous quarter

Overall: increasing (682.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 521.58 (%).Trend:Increase 24.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 299.52 (%).Trend:Decrease 42.57% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 697.83 (%).Trend:Increase 132.98% than previous quarter

Overall: increasing (33.79%). 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 -326.45 (%).Trend:Decrease 25.89% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -197.34 (%).Trend:Decrease 39.55% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -488.59 (%).Trend:Increase 147.59% than previous quarter

Overall: decreasing (49.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 102.03 (%).Trend:Increase 11.7% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 84.11 (%).Trend:Decrease 17.56% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 61.68 (%).Trend:Decrease 26.67% than previous quarter

Overall: decreasing (-39.55%). 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 -28.49 (%).Trend:Decrease 8.86% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -30.11 (%).Trend:Increase 5.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -32.47 (%).Trend:Increase 7.84% than previous quarter

Overall: decreasing (13.97%). Fluctuation: **Significant** (high variation).

Earning Per Share


The Q2 2020 to Q1 2021 data shows a significant increase in liabilities and current assets on revenue, albeit with considerable fluctuation.  Cost efficiency is mixed:  while the SG&A expense ratio decreased, the ratio of retained earnings to revenue declined, raising concerns about profitability. The decrease in retained earnings on assets also requires attention.