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 391.71 (%).Trend:Increase 46.08% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 246.75 (%).Trend:Decrease 37.01% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 131.3 (%).Trend:Decrease 46.79% than previous quarter

Overall: decreasing (-66.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 1953.82 (%).Trend:Increase 9.88% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 1074.05 (%).Trend:Decrease 45.03% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 513.03 (%).Trend:Decrease 52.23% than previous quarter

Overall: decreasing (-73.74%). 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 -9442.84 (%).Trend:Decrease 16.27% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -4735.37 (%).Trend:Decrease 49.85% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1551.78 (%).Trend:Decrease 67.23% than previous quarter

Overall: increasing (-83.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 293.52 (%).Trend:Increase 53.15% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 227.47 (%).Trend:Decrease 22.5% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.91 (%).Trend:Decrease 88.17% than previous quarter

Overall: decreasing (-90.83%). Fluctuation: **Significant** (high 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 -389.6 (%).Trend:Decrease 17.98% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -361.8 (%).Trend:Decrease 7.14% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -263.85 (%).Trend:Decrease 27.07% than previous quarter

Overall: increasing (-32.28%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 indicate highly volatile financial performance. Liabilities on revenue, despite fluctuations, show a decreasing trend.  Current assets on revenue consistently decreased. The ratio of retained earnings to revenue increased negatively. SG&A expense ratio also decreased substantially. Investment efficiency, measured by retained earnings on assets, shows a negative increasing trend. The lack of earnings per share data makes a full assessment difficult.