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 47.94 (%).Trend:Decrease 39.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.94 (%).Trend:Decrease 22.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 90.59 (%).Trend:Increase 145.24% than previous quarter

Overall: increasing (88.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 73.15 (%).Trend:Decrease 42.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 42.94 (%).Trend:Decrease 41.3% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 166.35 (%).Trend:Increase 287.4% than previous quarter

Overall: increasing (127.41%). 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 -900.03 (%).Trend:Decrease 47.09% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -524.1 (%).Trend:Decrease 41.77% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1437.81 (%).Trend:Increase 174.34% than previous quarter

Overall: decreasing (59.75%). 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 -216.51 (%).Trend:Decrease 0.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -212.96 (%).Trend:Decrease 1.64% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -191.77 (%).Trend:Decrease 9.95% than previous quarter

Overall: increasing (-11.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.05 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 220.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 83.33% than previous quarter

Overall: increasing (-120.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 show large fluctuations in key metrics. Liabilities on revenue exhibit an overall increasing trend but are marked by significant quarterly shifts.  Current assets on revenue also display an overall increase with considerable quarter-on-quarter volatility.  Cost efficiency (retained earnings ratio) shows an overall decreasing trend with pronounced fluctuations.  Investment efficiency (retained earnings on assets) reveals a slight overall upward trend, but exhibits substantial quarter-over-quarter variability.  Earnings per share also demonstrates volatility, with significant quarterly shifts and an overall increasing trend.