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 40.87 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 29.52 (%).Trend:Decrease 27.77% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 154.0 (%).Trend:Increase 421.68% than previous quarter

Overall: increasing (276.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 58.47 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 39.54 (%).Trend:Decrease 32.38% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 263.22 (%).Trend:Increase 565.71% than previous quarter

Overall: increasing (350.18%). 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 37.1 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 22.58 (%).Trend:Decrease 39.14% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 87.31 (%).Trend:Increase 286.67% than previous quarter

Overall: increasing (135.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.68 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.45 (%).Trend:Decrease 2.58% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 67.7 (%).Trend:Increase 45.75% than previous quarter

Overall: increasing (41.99%). Fluctuation: **Neutral** (moderate 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 20.76 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.22 (%).Trend:Decrease 7.42% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.89 (%).Trend:Decrease 27.73% than previous quarter

Overall: decreasing (-33.09%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Liabilities on revenue decreased 27.77% in Q3 2020, then increased dramatically (421.68%) in Q1 2021, before decreasing 52.46% in Q2 2021. Current assets on revenue decreased 32.38% in Q3 2020, increased significantly (565.71%) in Q1 2021, before decreasing 55.93% in Q2 2021. The ratio of retained earnings to revenue decreased 39.14% in Q3 2020, increased substantially (286.67%) in Q1 2021, and decreased 61.81% in Q2 2021.  SG&A expense ratio decreased slightly (2.58%) in Q3 2020, increased by 45.75% in Q1 2021, and decreased 17.09% in Q2 2021. Retained earnings on assets decreased 7.42% in Q3 2020, decreased 27.73% in Q1 2021, and then further decreased 9.07% in Q2 2021.  Earnings per share were 1.0 USD in Q3 2020, -9.0 USD in Q1 2021, and -10.0 USD in Q2 2021.