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 31.28 (%).Trend:Decrease 42.92% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.88 (%).Trend:Decrease 39.64% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 68.58 (%).Trend:Increase 263.24% than previous quarter

Overall: increasing (119.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 51.53 (%).Trend:Decrease 46.51% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 33.96 (%).Trend:Decrease 34.1% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 133.91 (%).Trend:Increase 294.32% than previous quarter

Overall: increasing (159.87%). 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 -123.81 (%).Trend:Decrease 47.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -80.92 (%).Trend:Decrease 34.64% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -272.43 (%).Trend:Increase 236.67% than previous quarter

Overall: decreasing (120.04%). 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 -60.39 (%).Trend:Decrease 0.3% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -60.62 (%).Trend:Increase 0.38% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -60.63 (%).Trend:Increase 0.02% than previous quarter

Overall: decreasing (0.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.01 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.03 (USD).Trend:Increase 200.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 366.67% than previous quarter

Overall: decreasing (-900.0%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2020 to Q1 2021 reveals significant volatility across key metrics. Liabilities and current assets on revenue showed substantial increases (119.25% and 159.87%, respectively), suggesting potential working capital challenges. Conversely, the ratio of retained earnings to revenue experienced a sharp decline (120.04%), indicating profitability concerns.  Retained earnings on assets also decreased, while earnings per share plummeted (-900.0%).