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 57.83 (%).Trend:Decrease 49.66% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.55 (%).Trend:Decrease 31.61% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 154.84 (%).Trend:Increase 291.5% than previous quarter

Overall: increasing (167.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 165.43 (%).Trend:Decrease 47.22% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 112.87 (%).Trend:Decrease 31.77% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 400.0 (%).Trend:Increase 254.39% than previous quarter

Overall: increasing (141.79%). 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 -43.62 (%).Trend:Decrease 40.52% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -32.1 (%).Trend:Decrease 26.41% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -159.41 (%).Trend:Increase 396.6% than previous quarter

Overall: decreasing (265.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.39 (%).Trend:Increase 2.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.39 (%).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.54 (%).Trend:Increase 26.97% than previous quarter

Overall: increasing (26.97%). 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 -14.11 (%).Trend:Increase 9.21% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -15.04 (%).Trend:Increase 6.59% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -20.59 (%).Trend:Increase 36.9% than previous quarter

Overall: decreasing (45.92%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -5.57 (USD).Trend:Increase 4.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share -5.72 (USD).Trend:Increase 2.69% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.3 (USD).Trend:Decrease 94.76% than previous quarter

Overall: increasing (-94.61%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 indicates significant volatility. Liabilities and current assets on revenue showed fluctuating increases and decreases. Cost efficiency demonstrates substantial declines in the retained earnings to revenue ratio, yet shows notable variations. SG&A expense ratios increased slightly overall. Investment efficiency shows a decline in retained earnings on assets. Earning per share decreased substantially.