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 40.21 (%).Trend:Decrease 45.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.12 (%).Trend:Decrease 20.12% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.36 (%).Trend:Increase 140.85% than previous quarter

Overall: increasing (92.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 91.02 (%).Trend:Decrease 48.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 67.47 (%).Trend:Decrease 25.87% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 194.1 (%).Trend:Increase 187.68% than previous quarter

Overall: increasing (113.25%). 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 39.62 (%).Trend:Decrease 50.35% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 27.74 (%).Trend:Decrease 29.98% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 94.83 (%).Trend:Increase 241.85% than previous quarter

Overall: increasing (139.35%). 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 36.63 (%).Trend:Decrease 2.37% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 34.58 (%).Trend:Decrease 5.6% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 39.79 (%).Trend:Increase 15.07% than previous quarter

Overall: increasing (8.63%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 92.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.3 (USD).Trend:Increase 30.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.51 (USD).Trend:Decrease 60.77% than previous quarter

Overall: decreasing (-49.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show substantial changes in working capital efficiency, cost efficiency, and earnings per share. Liabilities on revenue increased, fluctuating significantly. Current assets on revenue also increased, demonstrating high variation.  The ratio of retained earnings to revenue increased overall but with high volatility. Investment efficiency shows a slight overall increase. Earnings per share decreased overall, with notable fluctuations.