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 11.93 (%).Trend:Decrease 38.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 9.95 (%).Trend:Decrease 16.6% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 26.02 (%).Trend:Increase 161.51% than previous quarter

Overall: increasing (118.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 21.89 (%).Trend:Decrease 35.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 17.71 (%).Trend:Decrease 19.1% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 45.69 (%).Trend:Increase 157.99% than previous quarter

Overall: increasing (108.73%). 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 -9.9 (%).Trend:Decrease 61.69% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -3.94 (%).Trend:Decrease 60.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -5.88 (%).Trend:Increase 49.24% than previous quarter

Overall: increasing (-40.61%). 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 -39.94 (%).Trend:Decrease 36.97% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -20.19 (%).Trend:Decrease 49.45% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -11.53 (%).Trend:Decrease 42.89% than previous quarter

Overall: increasing (-71.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.13 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 169.23% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 91.43% than previous quarter

Overall: decreasing (-76.92%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial data displays substantial fluctuations in key financial metrics. Liabilities on revenue and current assets on revenue both showed a clear increase, though with highly varied quarterly patterns. The ratio of retained earnings to revenue displayed an inconsistent trend with notable quarterly volatility.  Retained earnings on assets exhibited an overall upward trend, but with volatile fluctuations. Earnings per share experienced a noteworthy overall decrease, with fluctuations between increase and decrease.  Analysis of working capital efficiency, cost efficiency, SG&A expenses, and investment efficiency requires more comprehensive data.