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 66.99 (%).Trend:Decrease 47.04% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.02 (%).Trend:Decrease 46.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 95.05 (%).Trend:Increase 163.88% than previous quarter

Overall: increasing (41.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 88.73 (%).Trend:Decrease 45.7% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 53.13 (%).Trend:Decrease 40.12% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 150.71 (%).Trend:Increase 183.66% than previous quarter

Overall: increasing (69.85%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.89 (%).Trend:Increase 2.23% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.16 (%).Trend:Decrease 3.06% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.9 (%).Trend:Decrease 5.44% than previous quarter

Overall: decreasing (-8.33%). 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
Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 71.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.48 (USD).Trend:Increase 66.51% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.62 (USD).Trend:Decrease 53.45% than previous quarter

Overall: decreasing (-22.49%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial statements reveal significant fluctuation in working capital efficiency. Liabilities on revenue and current assets on revenue both increased with considerable variation. Cost efficiency shows a slight decrease in the SG&A expense ratio over the period. Investment efficiency (EPS) decreased with notable fluctuations.