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 72.24 (%).Trend:Decrease 43.48% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 49.56 (%).Trend:Decrease 31.4% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 129.01 (%).Trend:Increase 160.31% than previous quarter

Overall: increasing (78.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 196.76 (%).Trend:Decrease 46.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 125.77 (%).Trend:Decrease 36.08% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 294.15 (%).Trend:Increase 133.88% than previous quarter

Overall: increasing (49.5%). 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 73.03 (%).Trend:Decrease 49.38% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 47.06 (%).Trend:Decrease 35.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 108.52 (%).Trend:Increase 130.6% than previous quarter

Overall: increasing (48.6%). 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 24.06 (%).Trend:Decrease 7.43% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.75 (%).Trend:Decrease 5.44% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 22.26 (%).Trend:Decrease 2.15% than previous quarter

Overall: decreasing (-7.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.58 (USD).Trend:Increase 81.25% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.82 (USD).Trend:Increase 41.38% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 90.24% than previous quarter

Overall: increasing (-86.21%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show significant volatility. Working capital efficiency, with liabilities and current assets over revenue, shows an upward trend, but is highly variable.  Cost efficiency, measured by retained earnings to revenue, also increases but exhibits significant fluctuation. Investment efficiency displays minimal variation, but is decreasing. Earnings per share show an overall increasing trend but with significant volatility.  The data highlight instability in financial performance and necessitate further investigation into the factors driving these patterns.