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 41.05 (%).Trend:Decrease 45.36% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 27.7 (%).Trend:Decrease 32.52% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.98 (%).Trend:Increase 167.08% than previous quarter

Overall: increasing (80.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 98.61 (%).Trend:Decrease 40.05% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 68.45 (%).Trend:Decrease 30.59% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 268.75 (%).Trend:Increase 292.62% than previous quarter

Overall: increasing (172.54%). 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 -11.46 (%).Trend:Decrease 46.3% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -5.28 (%).Trend:Decrease 53.93% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -12.92 (%).Trend:Increase 144.7% than previous quarter

Overall: decreasing (12.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.58 (%).Trend:Decrease 6.59% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.36 (%).Trend:Decrease 6.94% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.2 (%).Trend:Decrease 0.98% than previous quarter

Overall: decreasing (-7.85%). Fluctuation: **Little** (low 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 -7.09 (%).Trend:Decrease 7.2% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -4.83 (%).Trend:Decrease 31.88% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -3.41 (%).Trend:Decrease 29.4% than previous quarter

Overall: increasing (-51.9%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q2 2020 to Q1 2021, liabilities on revenue increased significantly (80.22%), with considerable fluctuation.  Similarly, current assets on revenue showed a significant overall increase (172.54%) and high variability. The ratio of retained earnings to revenue decreased slightly (12.74%) with significant fluctuation.  The SG&A expense ratio decreased slightly (-7.85%) with low variation. Retained earnings on assets increased significantly (-51.9%), showing high variability.