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 65.82 (%).Trend:Decrease 41.18% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 40.21 (%).Trend:Decrease 38.91% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 65.23 (%).Trend:Increase 62.22% than previous quarter

Overall: decreasing (-0.9%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 152.78 (%).Trend:Decrease 30.05% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 119.55 (%).Trend:Decrease 21.75% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 263.14 (%).Trend:Increase 120.11% than previous quarter

Overall: increasing (72.23%). 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 -438.63 (%).Trend:Decrease 40.39% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -229.17 (%).Trend:Decrease 47.75% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -499.79 (%).Trend:Increase 118.09% than previous quarter

Overall: decreasing (13.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 77.33 (%).Trend:Increase 8.58% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 69.45 (%).Trend:Decrease 10.19% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52.87 (%).Trend:Decrease 23.87% than previous quarter

Overall: decreasing (-31.63%). 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 -176.3 (%).Trend:Decrease 4.92% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -132.08 (%).Trend:Decrease 25.08% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -137.21 (%).Trend:Increase 3.88% than previous quarter

Overall: increasing (-22.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.51 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.17 (USD).Trend:Decrease 66.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 105.88% than previous quarter

Overall: increasing (-101.96%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 indicate a mixed bag of trends. Liabilities on revenue decreased slightly overall, with noticeable quarter-to-quarter variation.  Current assets on revenue increased substantially, but with notable fluctuation. Cost efficiency (ratio of retained earnings to revenue) decreased slightly, though with significant swings. SG&A expense ratio decreased overall, with moderate variation. Investment efficiency (retained earnings on assets) increased slightly overall with considerable variation. Earning per share showed a large, decreasing trend. Overall, the data shows inconsistent and potentially unsustainable growth.