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 765.19 (%).Trend:Decrease 23.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 430.94 (%).Trend:Decrease 43.68% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1071.01 (%).Trend:Increase 148.53% than previous quarter

Overall: increasing (39.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 814.25 (%).Trend:Decrease 25.15% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 469.6 (%).Trend:Decrease 42.33% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1240.44 (%).Trend:Increase 164.15% than previous quarter

Overall: increasing (52.34%). 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 47.7 (%).Trend:Decrease 48.88% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 38.21 (%).Trend:Decrease 19.9% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 131.03 (%).Trend:Increase 242.92% than previous quarter

Overall: increasing (174.7%). 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 5.13 (%).Trend:Decrease 27.85% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.06 (%).Trend:Increase 37.62% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.82 (%).Trend:Increase 24.93% than previous quarter

Overall: increasing (71.93%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.36 (USD).Trend:Increase 38.46% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.11 (USD).Trend:Increase 208.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 79.28% than previous quarter

Overall: decreasing (-36.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal a complex financial picture.  Working capital efficiency shows a volatile upward trend in both liabilities and assets.  Cost efficiency demonstrates a significant increase in the retained earnings to revenue ratio, despite large fluctuations. Invest efficiency is also shown to be increasing overall with some variation. Earning per share displays a decrease overall, despite high increases in some quarters.  The data suggests potential growth, but caution is needed due to the high variability of metrics.