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 26.53 (%).Trend:Decrease 55.01% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 17.04 (%).Trend:Decrease 35.77% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 50.9 (%).Trend:Increase 198.71% than previous quarter

Overall: increasing (91.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 62.03 (%).Trend:Decrease 46.61% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 40.35 (%).Trend:Decrease 34.95% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 143.4 (%).Trend:Increase 255.39% than previous quarter

Overall: increasing (131.18%). 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 -30.53 (%).Trend:Decrease 54.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -20.11 (%).Trend:Decrease 34.13% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -40.44 (%).Trend:Increase 101.09% than previous quarter

Overall: decreasing (32.46%). 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 -12.1 (%).Trend:Decrease 53.62% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -11.65 (%).Trend:Decrease 3.72% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -8.52 (%).Trend:Decrease 26.87% than previous quarter

Overall: increasing (-29.59%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -3.86 (USD).Trend:Decrease 4.93% than previous quarter
Year 2020 Quarter 3: Earning Per Share -3.31 (USD).Trend:Decrease 14.25% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 125.08% than previous quarter

Overall: increasing (-121.5%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2020 to Q1 2021 displays substantial volatility.  Working capital efficiency metrics, such as liabilities and current assets on revenue, experienced significant increases, although with notable fluctuations.  Conversely, cost efficiency, measured by the ratio of retained earnings to revenue, decreased substantially.  Investment efficiency also showed an increase in a negative sense, while earnings per share also exhibited substantial increases in the negative. The overall trend suggests a period of significant financial variability.