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 17.76 (%).Trend:Decrease 53.12% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 13.16 (%).Trend:Decrease 25.9% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 35.58 (%).Trend:Increase 170.36% than previous quarter

Overall: increasing (100.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 29.77 (%).Trend:Decrease 53.46% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 19.78 (%).Trend:Decrease 33.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 59.05 (%).Trend:Increase 198.53% than previous quarter

Overall: increasing (98.35%). 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 5.74 (%).Trend:Decrease 52.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 4.18 (%).Trend:Decrease 27.18% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 12.4 (%).Trend:Increase 196.65% than previous quarter

Overall: increasing (116.03%). 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 9.09 (%).Trend:Decrease 0.66% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 10.21 (%).Trend:Increase 12.32% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.63 (%).Trend:Increase 4.11% than previous quarter

Overall: increasing (16.94%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -7.77 (USD).Trend:Increase 7.77% than previous quarter
Year 2020 Quarter 3: Earning Per Share -6.1 (USD).Trend:Decrease 21.49% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 99.67% than previous quarter

Overall: increasing (-99.74%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant volatility in key performance indicators.  Working capital efficiency, liabilities on revenue and current assets on revenue, displays considerable fluctuations.  Cost efficiency, represented by the ratio of retained earnings to revenue, also exhibit substantial swings.  Meanwhile, investment efficiency, tracked by retained earnings on assets, shows a steady, positive increase. Earnings per share have a highly variable trend, moving from negative to positive and experiencing substantial fluctuations. These findings highlight a complex financial landscape requiring further assessment.