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 252.07 (%).Trend:Decrease 47.37% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 99.08 (%).Trend:Decrease 60.69% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 238.6 (%).Trend:Increase 140.82% than previous quarter

Overall: decreasing (-5.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 311.0 (%).Trend:Decrease 56.45% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 107.3 (%).Trend:Decrease 65.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 378.94 (%).Trend:Increase 253.16% than previous quarter

Overall: increasing (21.85%). 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 101.7 (%).Trend:Decrease 54.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 40.91 (%).Trend:Decrease 59.77% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 15.85 (%).Trend:Decrease 61.26% than previous quarter

Overall: decreasing (-84.41%). 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 3.48 (%).Trend:Decrease 6.95% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.9 (%).Trend:Increase 12.07% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 0.36 (%).Trend:Decrease 90.77% than previous quarter

Overall: decreasing (-89.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.35 (USD).Trend:Increase 52.17% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.03 (USD).Trend:Decrease 91.43% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.12 (USD).Trend:Increase 300.0% than previous quarter

Overall: increasing (-65.71%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased significantly in Q2 and Q3 2020, then increased sharply in Q1 2021, leading to an overall slight decrease.  Current assets on revenue showed a similar pattern of significant decrease then increase, resulting in an overall increase.  Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased substantially throughout the period. Investment efficiency, as measured by retained earnings on assets, also shows significant, negative trends, and earnings per share exhibit a similar pattern of significant fluctuations, although the overall trend is increasing.