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 48.89 (%).Trend:Decrease 72.11% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 47.48 (%).Trend:Decrease 2.88% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 180.27 (%).Trend:Increase 279.68% than previous quarter

Overall: increasing (268.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 144.25 (%).Trend:Decrease 75.25% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81.87 (%).Trend:Decrease 43.24% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 399.6 (%).Trend:Increase 388.09% than previous quarter

Overall: increasing (177.02%). 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 -490.6 (%).Trend:Decrease 70.75% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -428.65 (%).Trend:Decrease 12.63% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1806.59 (%).Trend:Increase 321.46% than previous quarter

Overall: decreasing (268.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 93.65 (%).Trend:Decrease 43.83% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 104.16 (%).Trend:Increase 11.22% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 118.96 (%).Trend:Increase 14.21% than previous quarter

Overall: increasing (27.03%). 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 -235.01 (%).Trend:Increase 3.09% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -328.99 (%).Trend:Increase 39.99% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -324.48 (%).Trend:Decrease 1.37% than previous quarter

Overall: decreasing (38.07%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis covers Q2 2020-Q1 2021.  Liabilities on Revenue increased 268.73% with significant fluctuation.  Current assets on Revenue increased 177.02% with significant fluctuation.  Ratio of Retained Earnings to Revenue decreased 268.24% with significant fluctuation. SG&A Expense Ratio increased 27.03% with neutral fluctuation. Retained Earnings on Assets decreased 38.07% with significant fluctuation.