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 87.31 (%).Trend:Decrease 46.57% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 60.69 (%).Trend:Decrease 30.49% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 88.48 (%).Trend:Increase 45.79% than previous quarter

Overall: increasing (1.34%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 284.21 (%).Trend:Decrease 32.57% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 194.48 (%).Trend:Decrease 31.57% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 470.91 (%).Trend:Increase 142.14% than previous quarter

Overall: increasing (65.69%). 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 -179.11 (%).Trend:Decrease 45.14% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -62.75 (%).Trend:Decrease 64.97% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -173.7 (%).Trend:Increase 176.81% than previous quarter

Overall: increasing (-3.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.94 (%).Trend:Increase 4.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.5 (%).Trend:Decrease 1.13% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.87 (%).Trend:Decrease 6.83% than previous quarter

Overall: decreasing (-7.88%). Fluctuation: **Little** (low 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 -31.47 (%).Trend:Decrease 9.33% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -14.35 (%).Trend:Decrease 54.4% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -14.54 (%).Trend:Increase 1.32% than previous quarter

Overall: increasing (-53.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.29 (USD).Trend:Decrease 35.56% than previous quarter
Year 2020 Quarter 3: Earning Per Share 4.63 (USD).Trend:Increase 1496.55% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.1 (USD).Trend:Decrease 97.84% than previous quarter

Overall: decreasing (-65.52%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, Liabilities on Revenue showed a slight overall increase.  Current assets on Revenue increased significantly.  The Ratio of Retained Earnings to Revenue increased (negatively), and Retained Earnings on Assets increased (negatively).  SG&A expenses decreased. Earnings per share decreased significantly.