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 218.61 (%).Trend:Increase 13.01% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 95.09 (%).Trend:Decrease 56.5% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 174.23 (%).Trend:Increase 83.23% than previous quarter

Overall: decreasing (-20.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 125.09 (%).Trend:Increase 30.51% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 35.58 (%).Trend:Decrease 71.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 292.65 (%).Trend:Increase 722.51% than previous quarter

Overall: increasing (133.95%). 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 -1708.91 (%).Trend:Decrease 9.08% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -1207.84 (%).Trend:Decrease 29.32% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2937.47 (%).Trend:Increase 143.2% than previous quarter

Overall: decreasing (71.89%). 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 -273.98 (%).Trend:Increase 107.11% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -384.24 (%).Trend:Increase 40.24% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -352.42 (%).Trend:Decrease 8.28% than previous quarter

Overall: decreasing (28.63%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -6.42 (USD).Trend:Increase 1683.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share -7.78 (USD).Trend:Increase 21.18% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 112.47% than previous quarter

Overall: increasing (-115.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal substantial volatility.  Liabilities on revenue decreased, but with substantial fluctuations each quarter.  Current assets on revenue showed a significant increase but with a large degree of quarterly variation. The ratio of retained earnings to revenue decreased, indicating a consistent negative trend despite large quarterly fluctuations.  Investment efficiency (retained earnings on assets) displayed a downward trend. Earnings per share showed a combination of dramatic increases and decreases, demonstrating substantial quarterly fluctuations.