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 35.6 (%).Trend:Decrease 67.88% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.26 (%).Trend:Decrease 31.85% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 99.52 (%).Trend:Increase 310.22% than previous quarter

Overall: increasing (179.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 127.57 (%).Trend:Decrease 51.4% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 89.78 (%).Trend:Decrease 29.62% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 302.3 (%).Trend:Increase 236.71% than previous quarter

Overall: increasing (136.97%). 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 74.03 (%).Trend:Decrease 58.4% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 52.82 (%).Trend:Decrease 28.65% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 14.87 (%).Trend:Decrease 71.85% than previous quarter

Overall: decreasing (-79.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.96 (%).Trend:Decrease 2.45% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.38 (%).Trend:Increase 7.05% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.8 (%).Trend:Increase 22.26% than previous quarter

Overall: increasing (30.87%). Fluctuation: **Neutral** (moderate 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 24.71 (%).Trend:Decrease 15.61% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 24.24 (%).Trend:Decrease 1.9% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.53 (%).Trend:Decrease 89.56% than previous quarter

Overall: decreasing (-89.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -3.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 98.0% than previous quarter

Overall: increasing (-98.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 display substantial fluctuations in various financial metrics. Liabilities and current assets on revenue show a positive trend with significant quarter-to-quarter variation. The ratio of retained earnings to revenue and retained earnings on assets exhibit large negative trends with substantial quarter-to-quarter shifts. The SG&A expense ratio shows an increase with moderate variation.  Earnings per share show a significant increase with high volatility.