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 29.82 (%).Trend:Decrease 57.95% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 20.09 (%).Trend:Decrease 32.63% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 75.6 (%).Trend:Increase 276.31% than previous quarter

Overall: increasing (153.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 31.14 (%).Trend:Decrease 56.71% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 22.27 (%).Trend:Decrease 28.48% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 74.28 (%).Trend:Increase 233.54% than previous quarter

Overall: increasing (138.54%). 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 14.96 (%).Trend:Decrease 48.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 10.48 (%).Trend:Decrease 29.95% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 21.37 (%).Trend:Increase 103.91% than previous quarter

Overall: increasing (42.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.82 (%).Trend:Decrease 2.58% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.97 (%).Trend:Increase 1.53% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.95 (%).Trend:Decrease 0.2% than previous quarter

Overall: increasing (1.32%). Fluctuation: **Little** (low 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 23.34 (%).Trend:Increase 11.3% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.97 (%).Trend:Decrease 1.59% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 15.33 (%).Trend:Decrease 33.26% than previous quarter

Overall: decreasing (-34.32%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 300.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 25.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 60.0% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2020 to Q1 2021 shows significant fluctuations. Liabilities and current assets on revenue saw substantial increases, with fluctuating percentages. Cost efficiency, measured by the ratio of retained earnings to revenue, also experienced considerable increases and decreases. The SG&A expense ratio remained relatively stable.  Investment efficiency and earning per share showed mixed results, with fluctuating trends.