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 77.49 (%).Trend:Decrease 62.16% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 54.98 (%).Trend:Decrease 29.05% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 200.15 (%).Trend:Increase 264.04% than previous quarter

Overall: increasing (158.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 183.41 (%).Trend:Decrease 60.11% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 116.81 (%).Trend:Decrease 36.31% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 533.14 (%).Trend:Increase 356.42% than previous quarter

Overall: increasing (190.68%). 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 -48.71 (%).Trend:Decrease 30.34% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -37.62 (%).Trend:Decrease 22.77% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -164.51 (%).Trend:Increase 337.29% than previous quarter

Overall: decreasing (237.73%). 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 -9.32 (%).Trend:Increase 53.54% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -11.14 (%).Trend:Increase 19.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -13.57 (%).Trend:Increase 21.81% than previous quarter

Overall: decreasing (45.6%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.36 (USD).Trend:Increase 112.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.16 (USD).Trend:Increase 58.82% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.74 (USD).Trend:Decrease 65.74% than previous quarter

Overall: decreasing (-45.59%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2020 to Q1 2021 shows extreme volatility. Liabilities and current assets on revenue, while increasing overall, fluctuated significantly.  Cost efficiency, as reflected in the ratio of retained earnings to revenue, decreased significantly with erratic trends. Investment efficiency also saw consistent decreases. Earnings per share experienced substantial fluctuations.  The data strongly suggest substantial financial instability requiring urgent attention.