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 178.18 (%).Trend:Increase 4.06% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 147.07 (%).Trend:Decrease 17.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1068.44 (%).Trend:Increase 626.48% than previous quarter

Overall: increasing (499.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 70.77 (%).Trend:Increase 20.75% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 56.36 (%).Trend:Decrease 20.36% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 685.1 (%).Trend:Increase 1115.58% than previous quarter

Overall: increasing (868.07%). 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 -360.65 (%).Trend:Increase 16.98% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -406.32 (%).Trend:Increase 12.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -3979.97 (%).Trend:Increase 879.52% than previous quarter

Overall: decreasing (1003.55%). 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 -30.73 (%).Trend:Increase 18.97% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -40.34 (%).Trend:Increase 31.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -56.27 (%).Trend:Increase 39.49% than previous quarter

Overall: decreasing (83.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -26.0 (USD).Trend:Increase 30.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -34.0 (USD).Trend:Increase 30.77% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.42 (USD).Trend:Decrease 95.82% than previous quarter

Overall: increasing (-94.54%). Fluctuation: **Significant** (high variation).



Data from the second quarter of 2020 to the first quarter of 2021 show significant and fluctuating changes in financial performance.  Working capital efficiency reveals large increases in both liabilities and current assets on revenue, but with significant volatility. Cost efficiency, represented by the ratio of retained earnings to revenue, demonstrates a substantial overall decrease with high fluctuation.  Investment efficiency and earning per share also show negative overall trends with considerable quarter-to-quarter shifts.  The analysis suggests a period of significant financial instability and operational disruptions.