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 135.04 (%).Trend:Decrease 51.41% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 60.79 (%).Trend:Decrease 54.98% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 238.99 (%).Trend:Increase 293.14% than previous quarter

Overall: increasing (76.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 105.69 (%).Trend:Decrease 51.45% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 77.45 (%).Trend:Decrease 26.72% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 308.25 (%).Trend:Increase 298.0% than previous quarter

Overall: increasing (191.65%). 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 -11.57 (%).Trend:Decrease 44.98% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -7.73 (%).Trend:Decrease 33.19% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 174.34 (%).Trend:Decrease 2355.37% than previous quarter

Overall: increasing (-1606.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.75 (%).Trend:Increase 10.28% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.24 (%).Trend:Decrease 1.98% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.18 (%).Trend:Decrease 12.12% than previous quarter

Overall: decreasing (-13.86%). 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 -2.99 (%).Trend:Increase 11.15% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -3.01 (%).Trend:Increase 0.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 22.36 (%).Trend:Decrease 842.86% than previous quarter

Overall: increasing (-847.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.17 (USD).Trend:Increase 30.77% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.17 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 135.29% than previous quarter

Overall: increasing (-135.29%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show substantial variation in working capital efficiency metrics. Liabilities and current assets on revenue increased significantly in Q1 2021, while previously declining.  Cost efficiency data, specifically the ratio of retained earnings to revenue, reveals a substantial increase and high volatility.  SG&A expense ratio decreased slightly overall with low fluctuation.  Invest efficiency shows an increase in retained earnings on assets and earning per share in Q1 2021 followed by a decrease in Q1 2021, illustrating substantial variation.