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 32.77 (%).Trend:Decrease 51.88% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.22 (%).Trend:Decrease 29.14% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 69.33 (%).Trend:Increase 198.58% than previous quarter

Overall: increasing (111.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 32.96 (%).Trend:Decrease 52.2% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 22.83 (%).Trend:Decrease 30.73% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 69.47 (%).Trend:Increase 204.29% than previous quarter

Overall: increasing (110.77%). 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 10.56 (%).Trend:Decrease 53.91% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 7.0 (%).Trend:Decrease 33.71% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 24.04 (%).Trend:Increase 243.43% than previous quarter

Overall: increasing (127.65%). 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 20.28 (%).Trend:Decrease 2.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.84 (%).Trend:Decrease 2.17% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 23.21 (%).Trend:Increase 16.99% than previous quarter

Overall: increasing (14.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.65 (USD).Trend:Decrease 173.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.66 (USD).Trend:Decrease 60.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.74 (USD).Trend:Decrease 515.15% than previous quarter

Overall: increasing (-266.06%). Fluctuation: **Significant** (high variation).



The period from Q2 2020 to Q1 2021 shows significant increases in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue, all characterized by high volatility. Retained earnings on assets saw a small increase with low volatility.  Earnings per share also significantly increased despite starting with negative values, indicating substantial variation.  SG&A data is absent.