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 248.36 (%).Trend:Decrease 49.98% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 175.92 (%).Trend:Decrease 29.17% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 464.74 (%).Trend:Increase 164.18% than previous quarter

Overall: increasing (87.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 289.75 (%).Trend:Decrease 49.33% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 208.54 (%).Trend:Decrease 28.03% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 582.17 (%).Trend:Increase 179.16% than previous quarter

Overall: increasing (100.92%). 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 67.0 (%).Trend:Decrease 48.55% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 46.78 (%).Trend:Decrease 30.18% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 149.37 (%).Trend:Increase 219.3% than previous quarter

Overall: increasing (122.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.11 (%).Trend:Increase 1.32% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.84 (%).Trend:Decrease 3.84% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.19 (%).Trend:Increase 16.8% than previous quarter

Overall: increasing (12.32%). 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 14.96 (%).Trend:Increase 2.12% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.14 (%).Trend:Increase 1.2% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 16.36 (%).Trend:Increase 8.06% than previous quarter

Overall: increasing (9.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 97.3% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.45 (USD).Trend:Increase 67.81% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 75.92% than previous quarter

Overall: decreasing (-59.59%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal a mixed financial state. Working capital efficiency, both liabilities and current assets, shows notable increases, but with high fluctuations.  Cost efficiency, measured by the ratio of retained earnings to revenue, and SG&A ratio, display increases, though with significant volatility.  Investment efficiency shows consistent growth, with little fluctuation.  However, earnings per share display a significant decrease, with high volatility.