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 81.93 (%).Trend:Decrease 44.74% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 61.39 (%).Trend:Decrease 25.07% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 159.39 (%).Trend:Increase 159.64% than previous quarter

Overall: increasing (94.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 50.5 (%).Trend:Decrease 64.28% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 27.87 (%).Trend:Decrease 44.81% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 72.61 (%).Trend:Increase 160.53% than previous quarter

Overall: increasing (43.78%). 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 -146.18 (%).Trend:Decrease 334.56% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -153.1 (%).Trend:Increase 4.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -316.81 (%).Trend:Increase 106.93% than previous quarter

Overall: decreasing (116.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.4 (%).Trend:Increase 26.87% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.2 (%).Trend:Decrease 5.88% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.13 (%).Trend:Decrease 33.44% than previous quarter

Overall: decreasing (-37.35%). 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 -9.31 (%).Trend:Decrease 489.54% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -16.34 (%).Trend:Increase 75.51% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -16.88 (%).Trend:Increase 3.3% than previous quarter

Overall: decreasing (81.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -16.86 (USD).Trend:Increase 880.23% than previous quarter
Year 2020 Quarter 3: Earning Per Share -23.91 (USD).Trend:Increase 41.81% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.34 (USD).Trend:Decrease 105.6% than previous quarter

Overall: increasing (-107.95%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically in Q1 2021, then decreased substantially in Q2 and Q3 2021.  Current assets on revenue also show a similar pattern of substantial increases and decreases.  Cost efficiency shows a decreasing trend in SG&A expense ratio, although with moderate fluctuations.  Investment efficiency shows a decreasing trend in retained earnings on assets with significant fluctuations. Earnings per share experienced substantial increases and decreases, overall increasing.  These figures highlight volatile financial performance, requiring further investigation for consistency and potential outliers.