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 61.63 (%).Trend:Decrease 48.83% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 40.32 (%).Trend:Decrease 34.58% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 131.86 (%).Trend:Increase 227.03% than previous quarter

Overall: increasing (113.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 77.4 (%).Trend:Decrease 49.08% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 49.99 (%).Trend:Decrease 35.41% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 185.56 (%).Trend:Increase 271.19% than previous quarter

Overall: increasing (139.74%). 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 -24.97 (%).Trend:Decrease 47.64% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -15.76 (%).Trend:Decrease 36.88% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -55.32 (%).Trend:Increase 251.02% than previous quarter

Overall: decreasing (121.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.38 (%).Trend:Decrease 0.29% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.38 (%).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.7 (%).Trend:Increase 9.47% than previous quarter

Overall: increasing (9.47%). 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 -21.45 (%).Trend:Increase 5.1% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -20.87 (%).Trend:Decrease 2.7% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -20.17 (%).Trend:Decrease 3.35% than previous quarter

Overall: increasing (-5.97%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.14 (USD).Trend:Decrease 255.56% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.08 (USD).Trend:Decrease 157.14% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.1 (USD).Trend:Increase 25.0% than previous quarter

Overall: increasing (-171.43%). Fluctuation: **Significant** (high variation).



The data from multiple financial statements shows a complex picture of the company's financial performance between Q2 2020 and Q1 2021.  Working capital efficiency fluctuates significantly, with liabilities increasing and then decreasing, and similar volatility exists with current assets on revenue. Cost efficiency shows a decrease in the ratio of retained earnings to revenue, but the SG&A expense ratio has a modest upward trend. Invest efficiency displays variability, and earning per share also experiences notable fluctuations. The reports suggest a need for further analysis to understand the underlying causes of these substantial fluctuations.