Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 61.22 (%).Trend:Decrease 53.96% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.44 (%).Trend:Decrease 64.98% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 52.27 (%).Trend:Increase 143.8% than previous quarter

Overall: decreasing (-14.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 126.97 (%).Trend:Decrease 49.01% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81.79 (%).Trend:Decrease 35.58% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 117.95 (%).Trend:Increase 44.21% than previous quarter

Overall: decreasing (-7.1%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 144.62 (%).Trend:Decrease 55.38% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 91.71 (%).Trend:Decrease 36.59% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 140.34 (%).Trend:Increase 53.03% than previous quarter

Overall: decreasing (-2.96%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets 49.72 (%).Trend:Decrease 4.18% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 50.47 (%).Trend:Increase 1.51% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 59.27 (%).Trend:Increase 17.44% than previous quarter

Overall: increasing (19.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.01 (USD).Trend:Decrease 75.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.09 (USD).Trend:Decrease 1000.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.87 (USD).Trend:Increase 866.67% than previous quarter

Overall: increasing (-8800.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal a pattern of significant volatility in various metrics.  Liabilities on revenue are decreasing, but with large swings, while current assets on revenue show a similar volatile decreasing trend.  Cost efficiency, based on the retained earnings to revenue ratio, also shows a volatile downward trend.  Investment efficiency exhibits a consistent upward trend. Earnings per share are also highly variable with a net increase.  These findings highlight the need for further investigation into the underlying causes of the fluctuations.