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 31.68 (%).Trend:Decrease 51.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.61 (%).Trend:Decrease 16.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.52 (%).Trend:Increase 176.29% than previous quarter

Overall: increasing (132.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 255.88 (%).Trend:Decrease 6.4% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 176.27 (%).Trend:Decrease 31.11% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 472.37 (%).Trend:Increase 167.98% than previous quarter

Overall: increasing (84.61%). 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 -155.74 (%).Trend:Decrease 54.33% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -98.62 (%).Trend:Decrease 36.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -264.09 (%).Trend:Increase 167.79% than previous quarter

Overall: decreasing (69.57%). 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 -40.62 (%).Trend:Decrease 33.33% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -37.95 (%).Trend:Decrease 6.57% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -36.21 (%).Trend:Decrease 4.58% than previous quarter

Overall: increasing (-10.86%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically in Q1 2021, then decreased and increased again, ultimately resulting in a net increase of 132.07%. Current assets on revenue also exhibit substantial variation, increasing 84.61% overall, with significant fluctuations between quarters. Cost efficiency shows a significant decreasing trend in the ratio of retained earnings to revenue, declining 69.57% over the period.  Investment efficiency, measured by retained earnings on assets, displays a minor overall increase of -10.86%, but high quarter-to-quarter volatility.