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 113.32 (%).Trend:Decrease 51.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 72.58 (%).Trend:Decrease 35.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 198.01 (%).Trend:Increase 172.82% than previous quarter

Overall: increasing (74.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 201.54 (%).Trend:Decrease 55.36% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 126.13 (%).Trend:Decrease 37.42% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 422.23 (%).Trend:Increase 234.76% than previous quarter

Overall: increasing (109.5%). 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 -61.93 (%).Trend:Decrease 46.51% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -41.18 (%).Trend:Decrease 33.51% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -209.51 (%).Trend:Increase 408.77% than previous quarter

Overall: decreasing (238.3%). 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 -13.69 (%).Trend:Increase 32.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -15.08 (%).Trend:Increase 10.15% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -21.86 (%).Trend:Increase 44.96% than previous quarter

Overall: decreasing (59.68%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.72 (USD).Trend:Increase 107.23% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.12 (USD).Trend:Increase 23.26% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.59 (USD).Trend:Decrease 72.17% than previous quarter

Overall: increasing (-65.7%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 demonstrate significant volatility. Liabilities on revenue increased, though with high quarter-to-quarter fluctuation. Current assets on revenue also increased significantly, showing a similar pattern of substantial volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased sharply and dramatically over the same period.  Investment efficiency reveals a steady decrease in retained earnings on assets and considerable fluctuation. Earnings per share demonstrate a mixed trend, but with high variability.