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 43.15 (%).Trend:Decrease 11.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.22 (%).Trend:Decrease 43.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 66.59 (%).Trend:Increase 174.94% than previous quarter

Overall: increasing (54.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 75.33 (%).Trend:Decrease 47.01% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 63.65 (%).Trend:Decrease 15.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 148.76 (%).Trend:Increase 133.72% than previous quarter

Overall: increasing (97.48%). 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 43.7 (%).Trend:Decrease 62.9% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 30.23 (%).Trend:Decrease 30.82% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 70.99 (%).Trend:Increase 134.83% than previous quarter

Overall: increasing (62.45%). 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 29.59 (%).Trend:Decrease 28.63% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 27.27 (%).Trend:Decrease 7.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 23.96 (%).Trend:Decrease 12.14% than previous quarter

Overall: decreasing (-19.03%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.18 (USD).Trend:Increase 84.75% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.58 (USD).Trend:Increase 64.22% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.69 (USD).Trend:Decrease 80.73% than previous quarter

Overall: decreasing (-68.35%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal fluctuating trends.  Working capital efficiency, reflected in both liabilities and current assets on revenue, showed increases, though with significant quarter-to-quarter variations. Cost efficiency, as measured by the ratio of retained earnings to revenue, also exhibited similar fluctuations.  Investment efficiency demonstrated a consistent negative trend in retained earnings on assets.  Earnings per share saw significant fluctuation, resulting in an overall decrease.