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 148.98 (%).Trend:Decrease 24.82% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 89.91 (%).Trend:Decrease 39.65% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 105.23 (%).Trend:Increase 17.04% than previous quarter

Overall: decreasing (-29.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 139.09 (%).Trend:Decrease 3.27% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 28.9 (%).Trend:Decrease 79.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 42.0 (%).Trend:Increase 45.33% than previous quarter

Overall: decreasing (-69.8%). 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 157.29 (%).Trend:Decrease 35.54% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 88.61 (%).Trend:Decrease 43.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 92.76 (%).Trend:Increase 4.68% than previous quarter

Overall: decreasing (-41.03%). 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 12.65 (%).Trend:Decrease 16.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 11.88 (%).Trend:Decrease 6.09% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.62 (%).Trend:Decrease 10.61% than previous quarter

Overall: decreasing (-16.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -2.59 (USD).Trend:Increase 89.05% than previous quarter
Year 2020 Quarter 3: Earning Per Share -3.56 (USD).Trend:Increase 37.45% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.41 (USD).Trend:Decrease 111.52% than previous quarter

Overall: increasing (-115.83%). Fluctuation: **Significant** (high variation).



Financial results for Q2 2020 to Q1 2021 show a pattern of volatile performance.  Working capital efficiency metrics, liabilities and current assets on revenue, decreased substantially with notable high variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, also declined significantly. Investment efficiency showed a declining trend in retained earnings on assets. Earnings per share experienced fluctuating growth with a large increase.