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 55.23 (%).Trend:Decrease 36.28% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 41.56 (%).Trend:Decrease 24.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 160.45 (%).Trend:Increase 286.07% than previous quarter

Overall: increasing (190.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 285.07 (%).Trend:Decrease 51.86% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 369.22 (%).Trend:Increase 29.52% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1143.58 (%).Trend:Increase 209.73% than previous quarter

Overall: increasing (301.16%). 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 -1222.48 (%).Trend:Decrease 48.75% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -886.46 (%).Trend:Decrease 27.49% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2678.72 (%).Trend:Increase 202.18% than previous quarter

Overall: decreasing (119.12%). 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 -312.73 (%).Trend:Increase 6.88% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -200.52 (%).Trend:Decrease 35.88% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -199.09 (%).Trend:Decrease 0.71% than previous quarter

Overall: increasing (-36.34%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.36 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.04 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.5 (USD).Trend:Decrease 75.49% than previous quarter

Overall: increasing (-63.24%). Fluctuation: **Significant** (high variation).



The analysis of Q2 2020 to Q1 2021 shows substantial fluctuations. Liabilities on revenue increased by 190.51%, and current assets on revenue increased by 301.16%.  Cost efficiency deteriorated, with the ratio of retained earnings to revenue decreasing by 119.12%. Retained earnings on assets showed negative improvement (-36.34%), and earnings per share negatively increased by -63.24%.