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 26.15 (%).Trend:Decrease 49.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 15.81 (%).Trend:Decrease 39.54% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 50.55 (%).Trend:Increase 219.73% than previous quarter

Overall: increasing (93.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 45.0 (%).Trend:Decrease 61.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 30.36 (%).Trend:Decrease 32.53% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 115.89 (%).Trend:Increase 281.72% than previous quarter

Overall: increasing (157.53%). 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 37.44 (%).Trend:Decrease 73.32% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 32.42 (%).Trend:Decrease 13.41% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 145.01 (%).Trend:Increase 347.29% than previous quarter

Overall: increasing (287.31%). 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 44.68 (%).Trend:Decrease 24.62% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 58.82 (%).Trend:Increase 31.65% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 80.83 (%).Trend:Increase 37.42% than previous quarter

Overall: increasing (80.91%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.81 (USD).Trend:Increase 108.05% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.94 (USD).Trend:Increase 62.43% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.59 (USD).Trend:Decrease 45.92% than previous quarter

Overall: decreasing (-12.15%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show significant volatility. Liabilities and current assets on revenue exhibit substantial changes, while cost efficiency, as measured by the retained earnings to revenue ratio, shows substantial increases and decreases. Investment efficiency demonstrates a generally positive trend, yet displays significant fluctuations. Earnings per share exhibit volatility, with a slight overall decline.  The overall pattern indicates a need for further investigation into the causes of these extreme fluctuations in key financial metrics.