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 30.84 (%).Trend:Decrease 58.39% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 20.9 (%).Trend:Decrease 32.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 81.99 (%).Trend:Increase 292.3% than previous quarter

Overall: increasing (165.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 58.8 (%).Trend:Decrease 51.46% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 41.24 (%).Trend:Decrease 29.86% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 137.62 (%).Trend:Increase 233.71% than previous quarter

Overall: increasing (134.05%). 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 54.38 (%).Trend:Decrease 49.99% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 28.17 (%).Trend:Decrease 48.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 104.99 (%).Trend:Increase 272.7% than previous quarter

Overall: increasing (93.07%). 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 36.25 (%).Trend:Increase 5.75% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 29.95 (%).Trend:Decrease 17.38% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 28.77 (%).Trend:Decrease 3.94% than previous quarter

Overall: decreasing (-20.63%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q2 2020 to Q1 2021 displays significant fluctuations. Working capital efficiency, measured by liabilities and current assets on revenue, shows significant increases. Cost efficiency, represented by the ratio of retained earnings to revenue, also saw significant increases, though investment efficiency experienced a moderate decrease.