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 63.92 (%).Trend:Decrease 57.92% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 42.68 (%).Trend:Decrease 33.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 125.07 (%).Trend:Increase 193.04% than previous quarter

Overall: increasing (95.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 359.34 (%).Trend:Decrease 53.99% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 214.34 (%).Trend:Decrease 40.35% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 962.53 (%).Trend:Increase 349.07% than previous quarter

Overall: increasing (167.86%). 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 -1202.57 (%).Trend:Decrease 49.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -754.84 (%).Trend:Decrease 37.23% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2082.34 (%).Trend:Increase 175.87% than previous quarter

Overall: decreasing (73.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 59.09 (%).Trend:Decrease 3.56% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54.78 (%).Trend:Decrease 7.29% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 63.21 (%).Trend:Increase 15.39% than previous quarter

Overall: increasing (6.97%). 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 -251.37 (%).Trend:Increase 7.33% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -262.64 (%).Trend:Increase 4.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -176.97 (%).Trend:Decrease 32.62% than previous quarter

Overall: increasing (-29.6%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q2 2020 - Q1 2021 financial data shows significant volatility. Liabilities and current assets on revenue increased sharply (95.67% and 167.86%), raising concerns. Cost efficiency trends are mixed: while SG&A expenses increased slightly (6.97%), retained earnings to revenue decreased substantially (-73.16%).  Retained earnings on assets improved (-29.6%).  Earnings per share data is absent.