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 252.07 (%).Trend:Decrease 47.37% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 99.08 (%).Trend:Decrease 60.69% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 238.6 (%).Trend:Increase 140.82% than previous quarter

Overall: decreasing (-5.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 311.0 (%).Trend:Decrease 56.45% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 107.3 (%).Trend:Decrease 65.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 378.94 (%).Trend:Increase 253.16% than previous quarter

Overall: increasing (21.85%). 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 101.7 (%).Trend:Decrease 54.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 40.91 (%).Trend:Decrease 59.77% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 15.85 (%).Trend:Decrease 61.26% than previous quarter

Overall: decreasing (-84.41%). 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 3.48 (%).Trend:Decrease 6.95% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.9 (%).Trend:Increase 12.07% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 0.36 (%).Trend:Decrease 90.77% than previous quarter

Overall: decreasing (-89.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.35 (USD).Trend:Increase 52.17% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.03 (USD).Trend:Decrease 91.43% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.12 (USD).Trend:Increase 300.0% than previous quarter

Overall: increasing (-65.71%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant volatility in working capital efficiency.  Liabilities on revenue decreased sharply, then rose substantially.  Current assets on revenue, similarly, display significant fluctuations, showing a rising overall trend. Cost efficiency, as measured by retained earnings to revenue, is declining drastically.  Investment efficiency, based on retained earnings on assets, shows a substantial negative trend.  Earnings per share are also highly variable, displaying an overall increasing trend.