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 71.77 (%).Trend:Decrease 50.52% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 65.27 (%).Trend:Decrease 9.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 127.34 (%).Trend:Increase 95.1% than previous quarter

Overall: increasing (77.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 46.28 (%).Trend:Decrease 60.97% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 25.68 (%).Trend:Decrease 44.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 71.68 (%).Trend:Increase 179.13% than previous quarter

Overall: increasing (54.88%). 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 26.77 (%).Trend:Decrease 64.12% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -3.83 (%).Trend:Decrease 114.31% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -24.45 (%).Trend:Increase 538.38% than previous quarter

Overall: decreasing (-191.33%). 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 2.39 (%).Trend:Decrease 34.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -0.5 (%).Trend:Decrease 120.92% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -1.76 (%).Trend:Increase 252.0% than previous quarter

Overall: decreasing (-173.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.15 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.77 (USD).Trend:Increase 413.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.6 (USD).Trend:Decrease 22.08% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 indicate volatile financial performance. Liabilities on revenue show a mixed trend, rising significantly after an initial decrease. Current assets on revenue also experience a mixed trend with significant variation.  Cost efficiency, as measured by the retained earnings ratio, significantly declines with notable variations. Investment efficiency, based on retained earnings on assets, also exhibits considerable decrease.  Earnings per share show a consistent negative trend, indicative of declining profitability.  The significant fluctuations across various financial metrics suggest an unstable period requiring careful financial planning and assessment.