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 104.35 (%).Trend:Increase 37.27% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 49.84 (%).Trend:Decrease 52.24% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 94.96 (%).Trend:Increase 90.53% than previous quarter

Overall: decreasing (-9.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 235.2 (%).Trend:Increase 21.88% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 106.96 (%).Trend:Decrease 54.52% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 195.39 (%).Trend:Increase 82.68% than previous quarter

Overall: decreasing (-16.93%). 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 -119.21 (%).Trend:Decrease 41.0% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -56.04 (%).Trend:Decrease 52.99% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -95.0 (%).Trend:Increase 69.52% than previous quarter

Overall: increasing (-20.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.02 (%).Trend:Increase 30.55% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.71 (%).Trend:Decrease 26.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.54 (%).Trend:Decrease 24.97% than previous quarter

Overall: decreasing (-44.8%). Fluctuation: **Significant** (high 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 -18.12 (%).Trend:Decrease 57.28% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -18.7 (%).Trend:Increase 3.2% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -18.2 (%).Trend:Decrease 2.67% than previous quarter

Overall: decreasing (0.44%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -7.72 (USD).Trend:Decrease 5.62% than previous quarter
Year 2020 Quarter 3: Earning Per Share -5.73 (USD).Trend:Decrease 25.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 100.52% than previous quarter

Overall: increasing (-100.39%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show significant variation in key metrics. Liabilities and current assets on revenue are decreasing, with high fluctuation.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows an increasing trend with considerable volatility. The SG&A expense ratio shows a decreasing trend with significant variation. Investment efficiency demonstrates minimal change, but still with considerable volatility.  Earning per share shows significant fluctuation with an increase to a positive value in Q1 2021. Overall, the financial health in this period is marked by high volatility and requires further investigation.