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 87.8 (%).Trend:Decrease 49.02% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 59.08 (%).Trend:Decrease 32.71% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 182.62 (%).Trend:Increase 209.11% than previous quarter

Overall: increasing (108.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 93.13 (%).Trend:Decrease 40.37% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 74.69 (%).Trend:Decrease 19.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 206.46 (%).Trend:Increase 176.42% than previous quarter

Overall: increasing (121.69%). 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 -75.9 (%).Trend:Decrease 51.57% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -47.97 (%).Trend:Decrease 36.8% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -91.9 (%).Trend:Increase 91.58% than previous quarter

Overall: decreasing (21.08%). 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 -6.99 (%).Trend:Decrease 4.51% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -6.64 (%).Trend:Decrease 5.01% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -4.22 (%).Trend:Decrease 36.45% than previous quarter

Overall: increasing (-39.63%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q2 2020 to Q1 2021 reveals significant fluctuations in key financial indicators. Liabilities and Current Assets on Revenue both increased substantially (108% and 121.69% respectively), indicating potential growth but also volatility.  The Ratio of Retained Earnings to Revenue decreased overall by 21.08%, suggesting concerns regarding profitability. Retained Earnings on Assets, however, showed an overall increase of -39.63%, possibly indicating improvements in asset management.  Further investigation into these variances is recommended.