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 131.49 (%).Trend:Decrease 33.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 59.2 (%).Trend:Decrease 54.98% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 149.18 (%).Trend:Increase 151.99% than previous quarter

Overall: increasing (13.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 151.2 (%).Trend:Decrease 48.51% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 87.22 (%).Trend:Decrease 42.31% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 184.0 (%).Trend:Increase 110.96% than previous quarter

Overall: increasing (21.69%). 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 -1406.66 (%).Trend:Decrease 47.95% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -733.93 (%).Trend:Decrease 47.82% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1883.53 (%).Trend:Increase 156.64% than previous quarter

Overall: decreasing (33.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 86.65 (%).Trend:Decrease 12.29% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 62.93 (%).Trend:Decrease 27.37% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.64 (%).Trend:Decrease 10.0% than previous quarter

Overall: decreasing (-34.63%). 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 -317.67 (%).Trend:Decrease 0.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -300.37 (%).Trend:Decrease 5.45% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -332.6 (%).Trend:Increase 10.73% than previous quarter

Overall: decreasing (4.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -5.0 (USD).Trend:Increase 25.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -4.0 (USD).Trend:Decrease 20.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.98 (USD).Trend:Decrease 75.5% than previous quarter

Overall: increasing (-80.4%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 shows considerable variability. Working capital efficiency showed fluctuating increases and decreases in liabilities and current assets. Cost efficiency shows a trend of decreasing retained earnings ratio with significant volatility. SG&A expense ratio decreased steadily with moderate fluctuation. Invest efficiency demonstrated fluctuating retained earnings on assets. Earning per share data show substantial fluctuations, trending upward, but with negative values.