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 14.69 (%).Trend:Decrease 51.26% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 10.49 (%).Trend:Decrease 28.59% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 28.45 (%).Trend:Increase 171.21% than previous quarter

Overall: increasing (93.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 45.31 (%).Trend:Decrease 54.93% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 29.04 (%).Trend:Decrease 35.91% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 80.79 (%).Trend:Increase 178.2% than previous quarter

Overall: increasing (78.31%). 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 -18.13 (%).Trend:Decrease 52.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -8.58 (%).Trend:Decrease 52.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -10.71 (%).Trend:Increase 24.83% than previous quarter

Overall: increasing (-40.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.53 (%).Trend:Decrease 10.38% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.96 (%).Trend:Decrease 5.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.37 (%).Trend:Decrease 26.0% than previous quarter

Overall: decreasing (-30.01%). 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 -24.69 (%).Trend:Increase 3.39% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -18.72 (%).Trend:Decrease 24.18% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -9.06 (%).Trend:Decrease 51.6% than previous quarter

Overall: increasing (-63.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.63 (USD).Trend:Decrease 887.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 6.49 (USD).Trend:Increase 930.16% than previous quarter
Year 2021 Quarter 1: Earning Per Share 6.53 (USD).Trend:Increase 0.62% than previous quarter

Overall: increasing (936.51%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show highly variable trends across financial metrics. Liabilities and current assets on revenue display fluctuating trends with an overall increase. Cost efficiency shows a fluctuating ratio of retained earnings to revenue, yet a notable decrease in SG&A expenses. Investment efficiency also shows a variable increasing trend in retained earnings on assets. Earnings per share demonstrate large fluctuations with an overall upward trend.