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 62.16 (%).Trend:Decrease 18.63% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 43.45 (%).Trend:Decrease 30.1% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 97.91 (%).Trend:Increase 125.34% than previous quarter

Overall: increasing (57.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 150.59 (%).Trend:Decrease 38.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 88.64 (%).Trend:Decrease 41.14% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 154.96 (%).Trend:Increase 74.82% than previous quarter

Overall: increasing (2.9%). 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 -305.7 (%).Trend:Decrease 26.24% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -211.84 (%).Trend:Decrease 30.7% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -517.51 (%).Trend:Increase 144.29% than previous quarter

Overall: decreasing (69.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.66 (%).Trend:Increase 136.93% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.66 (%).Trend:Decrease 22.15% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.41 (%).Trend:Decrease 57.55% than previous quarter

Overall: decreasing (-66.96%). 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 -85.72 (%).Trend:Decrease 5.76% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -101.28 (%).Trend:Increase 18.15% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -139.44 (%).Trend:Increase 37.68% than previous quarter

Overall: decreasing (62.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -55.0 (USD).Trend:Increase 422.81% than previous quarter
Year 2020 Quarter 3: Earning Per Share -50.26 (USD).Trend:Decrease 8.62% than previous quarter
Year 2021 Quarter 1: Earning Per Share -4.41 (USD).Trend:Decrease 91.23% than previous quarter

Overall: increasing (-91.98%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial data indicates significant fluctuations in working capital efficiency. Liabilities on revenue show an increase, while current assets on revenue also rise.  Cost efficiency exhibits a substantial decrease in the SG&A expense ratio but a large decrease in the ratio of retained earnings to revenue.  Investment efficiency shows a downward trend in retained earnings on assets, and earnings per share are in a volatile downward spiral.  The company's financial performance appears unstable over this period.