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 181.27 (%).Trend:Decrease 80.77% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 156.74 (%).Trend:Decrease 13.53% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1829.84 (%).Trend:Increase 1067.44% than previous quarter

Overall: increasing (909.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 1483.26 (%).Trend:Decrease 70.01% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 1029.38 (%).Trend:Decrease 30.6% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 9734.24 (%).Trend:Increase 845.64% than previous quarter

Overall: increasing (556.27%). 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 -2303.73 (%).Trend:Decrease 81.83% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -2149.74 (%).Trend:Decrease 6.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -27583.15 (%).Trend:Increase 1183.09% than previous quarter

Overall: decreasing (1097.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 130.43 (%).Trend:Decrease 65.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 167.1 (%).Trend:Increase 28.11% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 770.5 (%).Trend:Increase 361.1% than previous quarter

Overall: increasing (490.74%). Fluctuation: **Significant** (high 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 -118.89 (%).Trend:Decrease 26.7% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -138.82 (%).Trend:Increase 16.76% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -189.95 (%).Trend:Increase 36.83% than previous quarter

Overall: decreasing (59.77%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis reveals significant fluctuations in key financial ratios over three quarters (Q2 2020 - Q1 2021).  Liabilities on revenue and current assets on revenue show substantial increases, while the ratio of retained earnings to revenue and retained earnings on assets experienced significant decreases.  The SG&A expense ratio also increased substantially.  Earning Per Share data is missing.