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 46.9 (%).Trend:Decrease 47.92% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 33.34 (%).Trend:Decrease 28.91% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 89.08 (%).Trend:Increase 167.19% than previous quarter

Overall: increasing (89.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 49.35 (%).Trend:Decrease 55.76% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 36.0 (%).Trend:Decrease 27.05% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 89.78 (%).Trend:Increase 149.39% than previous quarter

Overall: increasing (81.93%). 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 -33.66 (%).Trend:Decrease 38.49% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -22.62 (%).Trend:Decrease 32.8% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -78.75 (%).Trend:Increase 248.14% than previous quarter

Overall: decreasing (133.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.58 (%).Trend:Decrease 4.38% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.41 (%).Trend:Decrease 1.47% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.41 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-1.47%). 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 -22.52 (%).Trend:Increase 18.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -22.46 (%).Trend:Decrease 0.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -30.25 (%).Trend:Increase 34.68% than previous quarter

Overall: decreasing (34.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.71 (USD).Trend:Increase 184.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.68 (USD).Trend:Decrease 4.23% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 129.41% than previous quarter

Overall: increasing (-128.17%). Fluctuation: **Significant** (high variation).



Working capital efficiency in Q2 2020-Q1 2021 displays substantial fluctuations. Liabilities on revenue decreased sharply in Q2 and Q3 2020, then increased significantly in Q1 2021. Current assets on revenue also saw significant decreases in Q2 and Q3 2020, then a large increase in Q1 2021. Cost efficiency shows a noteworthy decrease in the ratio of retained earnings to revenue, with significant fluctuations. The SG&A expense ratio displays a small overall decrease. Investment efficiency exhibits a decline in retained earnings on assets with significant fluctuations. Earnings per share show a positive trend with substantial fluctuations throughout.