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 81.94 (%).Trend:Decrease 50.83% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 53.06 (%).Trend:Decrease 35.25% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 327.2 (%).Trend:Increase 516.66% than previous quarter

Overall: increasing (299.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 70.51 (%).Trend:Decrease 56.27% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 63.16 (%).Trend:Decrease 10.42% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 620.6 (%).Trend:Increase 882.58% than previous quarter

Overall: increasing (780.16%). 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 -105.2 (%).Trend:Decrease 54.48% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -82.23 (%).Trend:Decrease 21.83% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -474.42 (%).Trend:Increase 476.94% than previous quarter

Overall: decreasing (350.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.06 (%).Trend:Decrease 3.89% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 56.3 (%).Trend:Increase 6.11% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 51.9 (%).Trend:Decrease 7.82% than previous quarter

Overall: decreasing (-2.19%). 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 -25.98 (%).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -26.12 (%).Trend:Increase 0.54% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -29.99 (%).Trend:Increase 14.82% than previous quarter

Overall: decreasing (15.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.04 (USD).Trend:Decrease 42.86% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.32 (USD).Trend:Decrease 900.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.26 (USD).Trend:Decrease 181.25% than previous quarter

Overall: increasing (550.0%). Fluctuation: **Significant** (high variation).



The financial statements for Q2 2020 to Q1 2021 show substantial volatility in various financial metrics. Liabilities and current assets on revenue increased dramatically, signifying potential operational or financing challenges.  A significant decrease in retained earnings to revenue ratio indicates concerns about profitability. SG&A expenses experienced a small decrease, suggesting potential cost-cutting efforts. Retained earnings on assets display a continuous negative trend. Earnings per share also exhibit substantial variation, though overall growth is visible. A deeper analysis is needed to understand the contributing factors.