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 31.82 (%).Trend:Decrease 51.03% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22.09 (%).Trend:Decrease 30.58% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 61.83 (%).Trend:Increase 179.9% than previous quarter

Overall: increasing (94.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 24.32 (%).Trend:Decrease 51.57% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 17.9 (%).Trend:Decrease 26.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 47.38 (%).Trend:Increase 164.69% than previous quarter

Overall: increasing (94.82%). 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 31.08 (%).Trend:Decrease 49.9% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 21.26 (%).Trend:Decrease 31.6% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 60.7 (%).Trend:Increase 185.51% than previous quarter

Overall: increasing (95.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.93 (%).Trend:Decrease 0.81% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.14 (%).Trend:Increase 1.0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.48 (%).Trend:Decrease 3.12% than previous quarter

Overall: decreasing (-2.15%). 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 33.4 (%).Trend:Increase 2.71% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 33.63 (%).Trend:Increase 0.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 34.84 (%).Trend:Increase 3.6% than previous quarter

Overall: increasing (4.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter

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



Financial statements for Q2 2020 to Q1 2021 indicate significant volatility. Liabilities on revenue increased by 94.31%, demonstrating a substantial increase but with major fluctuations. Current assets on revenue also increased by 94.82% with similar high volatility.  The ratio of retained earnings to revenue rose by 95.3%, though with significant swings. Invest efficiency shows consistent increases (4.31%) with little variation. Earnings per share trended downward by 50%, exhibiting significant quarter-to-quarter variance.