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 51.42 (%).Trend:Decrease 49.2% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 37.95 (%).Trend:Decrease 26.2% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 271.95 (%).Trend:Increase 616.6% than previous quarter

Overall: increasing (428.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 161.62 (%).Trend:Decrease 42.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 113.55 (%).Trend:Decrease 29.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 300.66 (%).Trend:Increase 164.78% than previous quarter

Overall: increasing (86.03%). 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 -12.89 (%).Trend:Decrease 155.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -6.57 (%).Trend:Decrease 49.03% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -23.76 (%).Trend:Increase 261.64% than previous quarter

Overall: decreasing (84.33%). 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 -1.77 (%).Trend:Decrease 196.2% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -1.35 (%).Trend:Decrease 23.73% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -1.55 (%).Trend:Increase 14.81% than previous quarter

Overall: increasing (-12.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.63 (USD).Trend:Decrease 808.7% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.34 (USD).Trend:Decrease 17.79% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.26 (USD).Trend:Decrease 119.4% than previous quarter

Overall: increasing (-115.95%). Fluctuation: **Significant** (high variation).



Financial performance in Q2 2020 to Q1 2021 displays high volatility. Liabilities on revenue increased sharply in Q1 2021 after decreasing in previous quarters. Current assets on revenue also show an increase in Q1 2021 after declining in prior quarters. The ratio of retained earnings to revenue shows a volatile decreasing trend. Investment efficiency (retained earnings on assets) exhibits significant swings, with the overall trend increasing. Earnings per share show large declines followed by a less dramatic increase in Q1 2021.