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 283.68 (%).Trend:Decrease 34.78% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 131.71 (%).Trend:Decrease 53.57% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 704.17 (%).Trend:Increase 434.64% than previous quarter

Overall: increasing (148.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 322.31 (%).Trend:Decrease 6.95% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 157.4 (%).Trend:Decrease 51.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 709.15 (%).Trend:Increase 350.54% than previous quarter

Overall: increasing (120.02%). 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 -43.46 (%).Trend:Increase 104.23% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -32.67 (%).Trend:Decrease 24.83% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -189.33 (%).Trend:Increase 479.52% than previous quarter

Overall: decreasing (335.64%). 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 -5.51 (%).Trend:Increase 139.57% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -7.1 (%).Trend:Increase 28.86% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -10.79 (%).Trend:Increase 51.97% than previous quarter

Overall: decreasing (95.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -14.57 (USD).Trend:Increase 61.89% than previous quarter
Year 2020 Quarter 3: Earning Per Share -16.13 (USD).Trend:Increase 10.71% than previous quarter
Year 2021 Quarter 1: Earning Per Share -4.17 (USD).Trend:Decrease 74.15% than previous quarter

Overall: increasing (-71.38%). Fluctuation: **Significant** (high variation).



The period from Q2 2020 to Q1 2021 witnessed significant fluctuations. Liabilities on revenue showed an overall increase of 148.23%, while current assets on revenue also increased by 120.02%, although both experienced initial decreases. Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased by 335.64%, indicating a decline in profitability. Investment efficiency, represented by retained earnings on assets, decreased by 95.83%, and earnings per share increased by -71.38%, highlighting inconsistent performance.