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 34.4 (%).Trend:Decrease 53.54% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 25.41 (%).Trend:Decrease 26.13% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 74.56 (%).Trend:Increase 193.43% than previous quarter

Overall: increasing (116.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 39.85 (%).Trend:Decrease 37.98% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 31.96 (%).Trend:Decrease 19.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 95.83 (%).Trend:Increase 199.84% than previous quarter

Overall: increasing (140.48%). 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 28.46 (%).Trend:Decrease 43.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 20.0 (%).Trend:Decrease 29.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -54.55 (%).Trend:Decrease 372.75% than previous quarter

Overall: decreasing (-291.67%). 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 6.38 (%).Trend:Increase 8.5% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 6.66 (%).Trend:Increase 4.39% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -6.64 (%).Trend:Decrease 199.7% than previous quarter

Overall: decreasing (-204.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 123.68% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.27 (USD).Trend:Increase 49.41% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 91.34% than previous quarter

Overall: decreasing (-87.06%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial statements highlight significant fluctuation in key metrics. Working capital efficiency (liabilities and current assets on revenue) shows an overall increase, but with substantial variations. Cost efficiency (ratio of retained earnings to revenue) exhibits a substantial negative trend. Invest efficiency shows a significant decrease in retained earnings on assets. Earnings per share reveal an initial increase then a significant decrease overall.