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 260.65 (%).Trend:Decrease 62.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 204.67 (%).Trend:Decrease 21.48% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 609.53 (%).Trend:Increase 197.81% than previous quarter

Overall: increasing (133.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 319.88 (%).Trend:Decrease 58.46% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 250.36 (%).Trend:Decrease 21.73% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 730.4 (%).Trend:Increase 191.74% than previous quarter

Overall: increasing (128.34%). 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 -298.26 (%).Trend:Decrease 65.91% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -237.85 (%).Trend:Decrease 20.25% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -737.77 (%).Trend:Increase 210.18% than previous quarter

Overall: decreasing (147.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.66 (%).Trend:Decrease 17.1% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.59 (%).Trend:Increase 5.94% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.75 (%).Trend:Decrease 11.09% than previous quarter

Overall: decreasing (-5.81%). Fluctuation: **Little** (low 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 -76.78 (%).Trend:Decrease 15.99% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -78.39 (%).Trend:Increase 2.1% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -84.8 (%).Trend:Increase 8.18% than previous quarter

Overall: decreasing (10.45%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.21 (USD).Trend:Decrease 19.75% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.17 (USD).Trend:Decrease 105.3% than previous quarter

Overall: decreasing (-104.25%). Fluctuation: **Significant** (high variation).



The financial statements show substantial fluctuations in working capital efficiency from Q2 2020 to Q1 2021.  Liabilities and current assets on revenue display significant increases, while the ratio of retained earnings to revenue shows a sharp decrease.  The SG&A expense ratio exhibits relatively stable decreases.  Investment efficiency, measured by retained earnings on assets, displays a negative trend with considerable volatility. Earnings per share also show a concerning, highly volatile downward trend.