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 72.24 (%).Trend:Decrease 43.48% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 49.56 (%).Trend:Decrease 31.4% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 129.01 (%).Trend:Increase 160.31% than previous quarter

Overall: increasing (78.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 196.76 (%).Trend:Decrease 46.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 125.77 (%).Trend:Decrease 36.08% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 294.15 (%).Trend:Increase 133.88% than previous quarter

Overall: increasing (49.5%). 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 73.03 (%).Trend:Decrease 49.38% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 47.06 (%).Trend:Decrease 35.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 108.52 (%).Trend:Increase 130.6% than previous quarter

Overall: increasing (48.6%). 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 24.06 (%).Trend:Decrease 7.43% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.75 (%).Trend:Decrease 5.44% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 22.26 (%).Trend:Decrease 2.15% than previous quarter

Overall: decreasing (-7.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.58 (USD).Trend:Increase 81.25% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.82 (USD).Trend:Increase 41.38% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 90.24% than previous quarter

Overall: increasing (-86.21%). Fluctuation: **Significant** (high variation).



Significant fluctuations are observed in working capital efficiency, cost efficiency, and investment efficiency metrics from Q2 2020 to Q1 2021. Liabilities on revenue show a decreasing trend initially (Q2 to Q3 2020) followed by a sharp increase in Q1 2021. Current assets on revenue display a similar pattern of decrease in Q2 and Q3 2020, followed by a significant increase in Q1 2021.  The ratio of retained earnings to revenue shows a declining trend from Q2 to Q3 2020 and then a significant increase in Q1 2021.  Investment efficiency (retained earnings on assets) shows a steady, albeit slight, decrease over the period. Earnings per share are highly volatile, showing an increase from Q2 to Q3 2020 and a sharp drop in Q1 2021.  Overall, there's a pattern of significant variation in key financial performance indicators, requiring further investigation to identify underlying causes and potential trends.