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 73.89 (%).Trend:Decrease 33.95% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 47.34 (%).Trend:Decrease 35.93% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 225.2 (%).Trend:Increase 375.71% than previous quarter

Overall: increasing (204.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 253.12 (%).Trend:Decrease 30.47% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 125.61 (%).Trend:Decrease 50.38% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 686.99 (%).Trend:Increase 446.92% than previous quarter

Overall: increasing (171.41%). 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 151.04 (%).Trend:Decrease 36.57% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 94.47 (%).Trend:Decrease 37.45% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 251.22 (%).Trend:Increase 165.93% than previous quarter

Overall: increasing (66.33%). 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 22.63 (%).Trend:Decrease 17.05% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 23.1 (%).Trend:Increase 2.08% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.84 (%).Trend:Decrease 40.09% than previous quarter

Overall: decreasing (-38.84%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.25 (USD).Trend:Increase 941.67% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.61 (USD).Trend:Increase 28.8% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.59 (USD).Trend:Decrease 63.35% than previous quarter

Overall: increasing (-52.8%). Fluctuation: **Significant** (high variation).



The period from Q2 2020 to Q1 2021 exhibits significant financial volatility. Liabilities, current assets, and retained earnings ratios all increased overall, but with large swings between quarters.  Conversely, retained earnings on assets declined moderately, while earnings per share showed an overall increase, despite marked quarter-to-quarter changes.  This suggests considerable instability in financial performance.