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 24.34 (%).Trend:Decrease 33.15% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.19 (%).Trend:Decrease 0.62% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 72.6 (%).Trend:Increase 200.12% than previous quarter

Overall: increasing (198.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 502.2 (%).Trend:Decrease 40.07% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 418.22 (%).Trend:Decrease 16.72% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1404.85 (%).Trend:Increase 235.91% than previous quarter

Overall: increasing (179.74%). 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 213.47 (%).Trend:Decrease 36.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 158.75 (%).Trend:Decrease 25.63% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 375.65 (%).Trend:Increase 136.63% than previous quarter

Overall: increasing (75.97%). 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 33.34 (%).Trend:Decrease 3.86% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 30.66 (%).Trend:Decrease 8.04% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 24.79 (%).Trend:Decrease 19.15% than previous quarter

Overall: decreasing (-25.64%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.37 (USD).Trend:Decrease 45.59% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.34 (USD).Trend:Decrease 191.89% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.41 (USD).Trend:Increase 20.59% than previous quarter

Overall: decreasing (-210.81%). Fluctuation: **Significant** (high variation).



Over three quarters (Q2 2020-Q1 2021), liabilities and current assets on revenue showed significant increases of 198.27% and 179.74% respectively. The ratio of retained earnings to revenue also increased significantly by 75.97%.  However, retained earnings on assets decreased by 25.64% and earnings per share decreased dramatically by 210.81%, indicating potential concerns.