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 44.21 (%).Trend:Decrease 56.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 28.13 (%).Trend:Decrease 36.37% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 83.27 (%).Trend:Increase 196.02% than previous quarter

Overall: increasing (88.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 30.41 (%).Trend:Decrease 55.73% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 16.67 (%).Trend:Decrease 45.18% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 29.9 (%).Trend:Increase 79.36% than previous quarter

Overall: decreasing (-1.68%). 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 -201.48 (%).Trend:Decrease 34.01% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -140.03 (%).Trend:Decrease 30.5% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -427.79 (%).Trend:Increase 205.5% than previous quarter

Overall: decreasing (112.32%). 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 -88.5 (%).Trend:Increase 16.19% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -98.78 (%).Trend:Increase 11.62% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -123.68 (%).Trend:Increase 25.21% than previous quarter

Overall: decreasing (39.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.5 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.06 (USD).Trend:Increase 37.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.56 (USD).Trend:Decrease 72.82% than previous quarter

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



Financial performance from Q2 2020 to Q1 2021 shows considerable volatility. Liabilities on revenue increased significantly, followed by a decrease, reflecting considerable instability. Current assets on revenue also fluctuated but decreased slightly overall. The ratio of retained earnings to revenue declined significantly in Q2-Q3 2020, but increased dramatically in Q1 2021. This trend suggests significant shifts in the company's financial position.  Retained earnings on assets have also decreased continually while earnings per share similarly show significant volatility and no clear positive trends.  Overall, the results indicate periods of significant instability in financial performance.