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 42.27 (%).Trend:Decrease 45.79% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.45 (%).Trend:Decrease 37.43% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71.07 (%).Trend:Increase 168.7% than previous quarter

Overall: increasing (68.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 92.28 (%).Trend:Decrease 25.88% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 41.93 (%).Trend:Decrease 54.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 92.36 (%).Trend:Increase 120.27% than previous quarter

Overall: increasing (0.09%). 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 -2.71 (%).Trend:Decrease 79.84% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -16.71 (%).Trend:Increase 516.61% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -75.07 (%).Trend:Increase 349.25% than previous quarter

Overall: decreasing (2670.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.47 (%).Trend:Decrease 9.24% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.75 (%).Trend:Decrease 4.36% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.74 (%).Trend:Decrease 10.62% than previous quarter

Overall: decreasing (-14.52%). 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 -1.98 (%).Trend:Decrease 68.32% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -23.63 (%).Trend:Increase 1093.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -42.27 (%).Trend:Increase 78.88% than previous quarter

Overall: decreasing (2034.85%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.36 (USD).Trend:Decrease 32.0% than previous quarter

Overall: increasing (36.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2020 to Q1 2021 shows significant fluctuation. Liabilities on revenue increased by 68.13%, while current assets on revenue also increased by a negligible amount. Cost efficiency displays a general decline in the SG&A Expense Ratio, while the ratio of retained earnings to revenue and retained earnings on assets declined significantly.  Earning Per Share saw a 36% increase overall.  The data points reveal high volatility in almost all aspects of the financial statements.