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 33.78 (%).Trend:Decrease 32.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.27 (%).Trend:Decrease 37.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 57.6 (%).Trend:Increase 170.8% than previous quarter

Overall: increasing (70.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 43.06 (%).Trend:Decrease 33.37% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 8.97 (%).Trend:Decrease 79.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 17.77 (%).Trend:Increase 98.1% than previous quarter

Overall: decreasing (-58.73%). 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 -74.68 (%).Trend:Decrease 38.22% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -47.09 (%).Trend:Decrease 36.94% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -128.42 (%).Trend:Increase 172.71% than previous quarter

Overall: decreasing (71.96%). 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 -31.91 (%).Trend:Increase 8.95% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -37.15 (%).Trend:Increase 16.42% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -41.0 (%).Trend:Increase 10.36% than previous quarter

Overall: decreasing (28.49%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.44 (USD).Trend:Increase 238.46% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.44 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.04 (USD).Trend:Decrease 90.91% than previous quarter

Overall: increasing (-90.91%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2020 to Q1 2021 financial data reveals significant fluctuations. Liabilities on revenue increased overall (70.52%), but experienced substantial quarterly shifts. Current assets on revenue displayed a sharp downward trend (-58.73%), reflecting major quarterly variations.  Cost efficiency, measured by the ratio of retained earnings to revenue, showed a negative overall trend (-71.96%). Investment efficiency (retained earnings on assets) decreased overall (-28.49%) with high variability.  Earning per share displayed an overall increasing trend (-90.91%).