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 reveal volatile financial performance. Working capital efficiency shows an inconsistent pattern, with liabilities on revenue decreasing substantially after an initial significant rise, while current assets are also decreasing with a subsequent increase. Cost efficiency displays a highly fluctuating trend in the ratio of retained earnings to revenue.  SG&A expense ratio rises before decreasing. Investment efficiency displays a substantial negative trend in retained earnings-on-assets. Earnings per share continually decrease, with high variability.  The significant fluctuations necessitate a deeper analysis of underlying operational and strategic issues.