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 68.43 (%).Trend:Decrease 75.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 52.17 (%).Trend:Decrease 23.76% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 128.6 (%).Trend:Increase 146.5% than previous quarter

Overall: increasing (87.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 159.19 (%).Trend:Decrease 78.02% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 106.14 (%).Trend:Decrease 33.32% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 151.4 (%).Trend:Increase 42.64% than previous quarter

Overall: decreasing (-4.89%). Fluctuation: **Neutral** (moderate 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 27.62 (%).Trend:Decrease 88.08% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 10.71 (%).Trend:Decrease 61.22% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 9.52 (%).Trend:Decrease 11.11% than previous quarter

Overall: decreasing (-65.53%). 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 5.66 (%).Trend:Decrease 51.42% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.4 (%).Trend:Decrease 39.93% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 1.07 (%).Trend:Decrease 68.53% than previous quarter

Overall: decreasing (-81.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -6.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -6.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 105.5% than previous quarter

Overall: increasing (-105.5%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial data reveals considerable volatility.  Liabilities on revenue increased, while current assets decreased slightly. Cost efficiency, as measured by the retained earnings-to-revenue ratio, exhibited a clear downward trend. Investment efficiency and earnings per share also show significant, though inconsistent, movements. The data highlights the overall instability of various financial metrics during this period.