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 178.18 (%).Trend:Increase 4.06% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 147.07 (%).Trend:Decrease 17.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1068.44 (%).Trend:Increase 626.48% than previous quarter

Overall: increasing (499.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 70.77 (%).Trend:Increase 20.75% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 56.36 (%).Trend:Decrease 20.36% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 685.1 (%).Trend:Increase 1115.58% than previous quarter

Overall: increasing (868.07%). 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 -360.65 (%).Trend:Increase 16.98% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -406.32 (%).Trend:Increase 12.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -3979.97 (%).Trend:Increase 879.52% than previous quarter

Overall: decreasing (1003.55%). 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 -30.73 (%).Trend:Increase 18.97% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -40.34 (%).Trend:Increase 31.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -56.27 (%).Trend:Increase 39.49% than previous quarter

Overall: decreasing (83.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -26.0 (USD).Trend:Increase 30.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -34.0 (USD).Trend:Increase 30.77% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.42 (USD).Trend:Decrease 95.82% than previous quarter

Overall: increasing (-94.54%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 display high volatility and a mix of positive and negative trends. Liabilities on revenue increased dramatically in Q1 2021, while current assets on revenue also increased substantially in the same quarter, though with significant volatility. The ratio of retained earnings to revenue fell dramatically in Q1 2021, while investment efficiency and earnings per share trended downward. The substantial fluctuations underscore the need for a thorough examination of the underlying causes of the reported erratic performance.