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 33.26 (%).Trend:Decrease 43.33% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22.47 (%).Trend:Decrease 32.44% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 56.31 (%).Trend:Increase 150.6% than previous quarter

Overall: increasing (69.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 71.61 (%).Trend:Decrease 46.46% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 49.18 (%).Trend:Decrease 31.32% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 119.74 (%).Trend:Increase 143.47% than previous quarter

Overall: increasing (67.21%). 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 35.59 (%).Trend:Decrease 48.38% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 24.63 (%).Trend:Decrease 30.8% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 85.68 (%).Trend:Increase 247.87% than previous quarter

Overall: increasing (140.74%). 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 22.34 (%).Trend:Decrease 3.08% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 24.08 (%).Trend:Increase 7.79% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 27.07 (%).Trend:Increase 12.42% than previous quarter

Overall: increasing (21.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 27.27% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.44 (USD).Trend:Increase 214.29% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 65.91% than previous quarter

Overall: increasing (7.14%). Fluctuation: **Significant** (high variation).



Financial performance during the three quarters (Q2 2020 to Q1 2021) shows significant volatility.  Working capital efficiency metrics, like liabilities and current assets on revenue, fluctuate wildly.  Cost efficiency, as indicated by the retained earnings-to-revenue ratio, displays similarly unpredictable patterns.  Conversely, investment efficiency, gauged by retained earnings on assets, shows a more stable, albeit still increasing trend. Earning per share displays significant fluctuation. Overall, there are considerable changes in most key financial areas.