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 853.19 (%).Trend:Increase 575.63% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 120.97 (%).Trend:Decrease 85.82% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 143.98 (%).Trend:Increase 19.02% than previous quarter

Overall: decreasing (-83.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 59.7 (%).Trend:Decrease 27.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 42.55 (%).Trend:Decrease 28.73% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 106.71 (%).Trend:Increase 150.79% than previous quarter

Overall: increasing (78.74%). 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 -1101.78 (%).Trend:Decrease 33.89% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -756.43 (%).Trend:Decrease 31.34% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -50.23 (%).Trend:Decrease 93.36% than previous quarter

Overall: increasing (-95.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.11 (%).Trend:Increase 36.99% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.55 (%).Trend:Increase 2.3% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.11 (%).Trend:Decrease 43.17% than previous quarter

Overall: decreasing (-41.86%). 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 -150.85 (%).Trend:Increase 4.71% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -153.75 (%).Trend:Increase 1.92% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -6.82 (%).Trend:Decrease 95.56% than previous quarter

Overall: increasing (-95.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -41.84 (USD).Trend:Increase 14.85% than previous quarter
Year 2020 Quarter 3: Earning Per Share -39.64 (USD).Trend:Decrease 5.26% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.13 (USD).Trend:Decrease 97.15% than previous quarter

Overall: increasing (-97.3%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 highlight critical financial issues.  Working capital is unstable, with substantial fluctuations in liabilities and current assets. Cost efficiency shows a sharp decline in the retained earnings ratio, a key indicator of profitability.  SG&A expense ratio initially rises, followed by a substantial decrease.  Investment efficiency and earnings per share demonstrate a highly volatile downward trend.  These dramatic variations signal underlying challenges within the company's operations and profitability.