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 11.93 (%).Trend:Decrease 38.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 9.95 (%).Trend:Decrease 16.6% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 26.02 (%).Trend:Increase 161.51% than previous quarter

Overall: increasing (118.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 21.89 (%).Trend:Decrease 35.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 17.71 (%).Trend:Decrease 19.1% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 45.69 (%).Trend:Increase 157.99% than previous quarter

Overall: increasing (108.73%). 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 -9.9 (%).Trend:Decrease 61.69% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -3.94 (%).Trend:Decrease 60.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -5.88 (%).Trend:Increase 49.24% than previous quarter

Overall: increasing (-40.61%). 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 -39.94 (%).Trend:Decrease 36.97% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -20.19 (%).Trend:Decrease 49.45% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -11.53 (%).Trend:Decrease 42.89% than previous quarter

Overall: increasing (-71.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.13 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 169.23% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 91.43% than previous quarter

Overall: decreasing (-76.92%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, working capital efficiency exhibits significant fluctuation. Liabilities on revenue increased substantially, after a decrease in Q2 and Q3 2020. Current assets on revenue followed a similar pattern, with a decrease in Q2 and Q3 2020, and a notable increase in Q1 2021. Cost efficiency, measured by the ratio of retained earnings to revenue, shows substantial volatility and a negative trend for most of the period.  Investment efficiency displays a consistent downward trend throughout the three quarters. Earnings per share also demonstrate considerable volatility, increasing in Q3 2020, decreasing in Q1 2021.