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 19.81 (%).Trend:Decrease 53.08% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 13.52 (%).Trend:Decrease 31.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 45.65 (%).Trend:Increase 237.65% than previous quarter

Overall: increasing (130.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 36.13 (%).Trend:Decrease 51.48% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 24.95 (%).Trend:Decrease 30.94% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 99.46 (%).Trend:Increase 298.64% than previous quarter

Overall: increasing (175.28%). 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 42.84 (%).Trend:Decrease 46.82% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 30.31 (%).Trend:Decrease 29.25% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 104.79 (%).Trend:Increase 245.73% than previous quarter

Overall: increasing (144.61%). 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 22.92 (%).Trend:Increase 8.06% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 23.8 (%).Trend:Increase 3.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 24.51 (%).Trend:Increase 2.98% than previous quarter

Overall: increasing (6.94%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.9 (USD).Trend:Increase 82.39% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.66 (USD).Trend:Increase 26.21% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 73.5% than previous quarter

Overall: decreasing (-66.55%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 reveal significant fluctuations in key performance indicators.  Liabilities and current assets on revenue show substantial increases and decreases, particularly toward the end of the period. Cost efficiency demonstrates a sizable and increasing negative trend in the retained earnings-to-revenue ratio. Investment efficiency reveals a moderate positive trend in retained earnings on assets, with minimal fluctuations. Earnings per share experienced an initial increase followed by a substantial decrease.