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 107.88 (%).Trend:Decrease 2.33% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 106.09 (%).Trend:Decrease 1.66% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 519.85 (%).Trend:Increase 390.01% than previous quarter

Overall: increasing (381.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 134.77 (%).Trend:Increase 24.67% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 167.33 (%).Trend:Increase 24.16% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 660.02 (%).Trend:Increase 294.44% than previous quarter

Overall: increasing (389.74%). 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 75.06 (%).Trend:Decrease 30.27% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 45.44 (%).Trend:Decrease 39.46% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -152.91 (%).Trend:Decrease 436.51% than previous quarter

Overall: decreasing (-303.72%). 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 7.29 (%).Trend:Decrease 29.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 4.6 (%).Trend:Decrease 36.9% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -3.3 (%).Trend:Decrease 171.74% than previous quarter

Overall: decreasing (-145.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.96 (USD).Trend:Increase 284.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share -3.22 (USD).Trend:Increase 64.29% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.75 (USD).Trend:Decrease 45.65% than previous quarter

Overall: increasing (-10.71%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show substantial volatility.  Liabilities and current assets on revenue both increased significantly, but with large quarterly fluctuations.  Cost efficiency, represented by the retained earnings to revenue ratio, decreased significantly, exhibiting considerable variation.  Investment efficiency, shown by retained earnings on assets, also declined notably.  Earnings per share were consistently negative, with mixed quarterly performance.  This indicates a period of significant financial instability and potential operational challenges.