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 80.67 (%).Trend:Decrease 43.2% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 41.93 (%).Trend:Decrease 48.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 98.84 (%).Trend:Increase 135.73% than previous quarter

Overall: increasing (22.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 179.04 (%).Trend:Decrease 53.04% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 98.86 (%).Trend:Decrease 44.78% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 260.15 (%).Trend:Increase 163.15% than previous quarter

Overall: increasing (45.3%). 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 -32.37 (%).Trend:Decrease 59.56% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -18.07 (%).Trend:Decrease 44.18% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -93.22 (%).Trend:Increase 415.88% than previous quarter

Overall: decreasing (187.98%). 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 -14.7 (%).Trend:Decrease 11.29% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -14.91 (%).Trend:Increase 1.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -29.87 (%).Trend:Increase 100.34% than previous quarter

Overall: decreasing (103.2%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.42 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.42 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.92 (USD).Trend:Increase 119.05% than previous quarter

Overall: decreasing (119.05%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue, current assets on revenue showed significant increases despite initial decreases, indicating volatility.  The ratio of retained earnings to revenue and retained earnings on assets decreased significantly, suggesting substantial losses. Earnings per share also declined sharply.  High fluctuation is evident across all metrics.