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 30.4 (%).Trend:Decrease 55.68% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 15.56 (%).Trend:Decrease 48.82% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 93.25 (%).Trend:Increase 499.29% than previous quarter

Overall: increasing (206.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 90.21 (%).Trend:Decrease 52.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 63.66 (%).Trend:Decrease 29.43% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 389.21 (%).Trend:Increase 511.39% than previous quarter

Overall: increasing (331.45%). 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 255.21 (%).Trend:Decrease 57.44% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 198.97 (%).Trend:Decrease 22.04% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 1189.23 (%).Trend:Increase 497.69% than previous quarter

Overall: increasing (365.98%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.39 (%).Trend:Decrease 9.33% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.67 (%).Trend:Increase 17.32% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.06 (%).Trend:Increase 85.24% than previous quarter

Overall: increasing (117.32%). 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 61.22 (%).Trend:Decrease 2.45% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 62.39 (%).Trend:Increase 1.91% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 61.59 (%).Trend:Decrease 1.28% than previous quarter

Overall: increasing (0.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -3.61 (USD).Trend:Decrease 1437.04% than previous quarter
Year 2020 Quarter 3: Earning Per Share -4.05 (USD).Trend:Increase 12.19% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.66 (USD).Trend:Decrease 83.7% than previous quarter

Overall: increasing (-81.72%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 reveal substantial fluctuations in several key metrics.  Working capital efficiency displays substantial increases in both liabilities and current assets relative to revenue, suggesting potential changes in working capital management practices.  Cost efficiency metrics, including the ratio of retained earnings to revenue and SG&A expense ratio, also exhibit significant upward trends, potentially reflecting pricing strategies or cost-cutting measures. Investment efficiency, however, shows a rather stable pattern in retained earnings on assets. Earnings per share remain consistently negative, with notable fluctuations, indicating a need for further evaluation.  The high degree of variability across all categories demands careful review and potential investigation into specific drivers for these changes.