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 71.77 (%).Trend:Decrease 50.52% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 65.27 (%).Trend:Decrease 9.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 127.34 (%).Trend:Increase 95.1% than previous quarter

Overall: increasing (77.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 46.28 (%).Trend:Decrease 60.97% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 25.68 (%).Trend:Decrease 44.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 71.68 (%).Trend:Increase 179.13% than previous quarter

Overall: increasing (54.88%). 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 26.77 (%).Trend:Decrease 64.12% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -3.83 (%).Trend:Decrease 114.31% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -24.45 (%).Trend:Increase 538.38% than previous quarter

Overall: decreasing (-191.33%). 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 2.39 (%).Trend:Decrease 34.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -0.5 (%).Trend:Decrease 120.92% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -1.76 (%).Trend:Increase 252.0% than previous quarter

Overall: decreasing (-173.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.15 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.77 (USD).Trend:Increase 413.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.6 (USD).Trend:Decrease 22.08% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



Data from Q2 2020 to Q1 2021 shows inconsistent trends in financial performance. Liabilities on revenue initially declined before rising in Q1 2021.  Current assets on revenue also initially fell before showing a large increase in Q1 2021. Cost efficiency, measured by the ratio of retained earnings to revenue, saw a substantial decline. Investment efficiency, measured by retained earnings on assets, also showed a significant decrease.  Earnings per share remained negative throughout.