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 81.93 (%).Trend:Decrease 44.74% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 61.39 (%).Trend:Decrease 25.07% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 159.39 (%).Trend:Increase 159.64% than previous quarter

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

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 50.5 (%).Trend:Decrease 64.28% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 27.87 (%).Trend:Decrease 44.81% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 72.61 (%).Trend:Increase 160.53% than previous quarter

Overall: increasing (43.78%). 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 -146.18 (%).Trend:Decrease 334.56% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -153.1 (%).Trend:Increase 4.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -316.81 (%).Trend:Increase 106.93% than previous quarter

Overall: decreasing (116.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.4 (%).Trend:Increase 26.87% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.2 (%).Trend:Decrease 5.88% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.13 (%).Trend:Decrease 33.44% than previous quarter

Overall: decreasing (-37.35%). 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 -9.31 (%).Trend:Decrease 489.54% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -16.34 (%).Trend:Increase 75.51% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -16.88 (%).Trend:Increase 3.3% than previous quarter

Overall: decreasing (81.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -16.86 (USD).Trend:Increase 880.23% than previous quarter
Year 2020 Quarter 3: Earning Per Share -23.91 (USD).Trend:Increase 41.81% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.34 (USD).Trend:Decrease 105.6% than previous quarter

Overall: increasing (-107.95%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show significant fluctuation. Liabilities on revenue increased significantly from Q2 to Q1 2021. Current assets on revenue also experienced a substantial increase with significant volatility throughout. The ratio of retained earnings to revenue exhibits a considerable negative trend.  SG&A expense ratio shows a moderate decrease. Investment efficiency shows a substantial drop in retained earnings on assets with significant fluctuations. Earnings per share shows a substantial increase with high variability across all periods.