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 200.65 (%).Trend:Decrease 22.08% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 138.32 (%).Trend:Decrease 31.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 347.75 (%).Trend:Increase 151.41% than previous quarter

Overall: increasing (73.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 142.41 (%).Trend:Decrease 47.48% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 107.56 (%).Trend:Decrease 24.47% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 282.5 (%).Trend:Increase 162.64% than previous quarter

Overall: increasing (98.37%). 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 62.15 (%).Trend:Decrease 51.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 38.5 (%).Trend:Decrease 38.05% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 87.59 (%).Trend:Increase 127.51% than previous quarter

Overall: increasing (40.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.99 (%).Trend:Increase 1.29% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.29 (%).Trend:Decrease 2.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.21 (%).Trend:Increase 10.32% than previous quarter

Overall: increasing (7.66%). Fluctuation: **Little** (low variation).


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 4.54 (%).Trend:Decrease 5.22% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 4.27 (%).Trend:Decrease 5.95% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 3.43 (%).Trend:Decrease 19.67% than previous quarter

Overall: decreasing (-24.45%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.06 (USD).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.09 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.6 (USD).Trend:Decrease 766.67% than previous quarter

Overall: decreasing (-1100.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant swings. Liabilities on revenue increased by 73.31% from Q2 2020 to Q1 2021, fluctuating greatly. Current assets on revenue increased by 98.37% in the same period, with significant fluctuations. Cost efficiency shows a modest increase of 40.93%, with substantial variation. The SG&A expense ratio shows an increase of 7.66% with only little fluctuation. Investment efficiency has decreased by 24.45%, with moderate variation. Earning per share has dramatically decreased from Q2 2020 to Q1 2021, experiencing significant swings.