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 increased by 22.52% and current assets on revenue increased by 45.3%, both with significant fluctuations.  However, the ratio of retained earnings to revenue decreased by 187.98%, and retained earnings on assets decreased by 103.2%. Earnings per share also decreased significantly by 119.05%, indicating significant financial instability.