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 65.04 (%).Trend:Decrease 38.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 80.18 (%).Trend:Increase 23.28% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 92.43 (%).Trend:Increase 15.28% than previous quarter

Overall: increasing (42.11%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 73.61 (%).Trend:Decrease 50.13% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 85.69 (%).Trend:Increase 16.41% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 192.24 (%).Trend:Increase 124.34% than previous quarter

Overall: increasing (161.16%). 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 11.78 (%).Trend:Decrease 40.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 7.36 (%).Trend:Decrease 37.52% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 31.15 (%).Trend:Increase 323.23% than previous quarter

Overall: increasing (164.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.62 (%).Trend:Decrease 7.09% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.04 (%).Trend:Increase 7.63% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.67 (%).Trend:Decrease 11.83% than previous quarter

Overall: decreasing (-5.1%). 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 12.58 (%).Trend:Increase 19.7% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.37 (%).Trend:Decrease 41.41% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.7 (%).Trend:Increase 85.89% than previous quarter

Overall: increasing (8.9%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show diverse trends. Working capital efficiency reveals a neutral increase in liabilities and a significant increase in current assets on revenue. Cost efficiency shows a substantial increase in the ratio of retained earnings to revenue, contrasting with the small decrease in SG&A expense ratio. Investment efficiency demonstrates considerable fluctuation in retained earnings on assets.