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 43.11 (%).Trend:Decrease 45.92% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 29.59 (%).Trend:Decrease 31.36% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 74.87 (%).Trend:Increase 153.02% than previous quarter

Overall: increasing (73.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 117.2 (%).Trend:Decrease 47.61% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 78.97 (%).Trend:Decrease 32.62% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 336.23 (%).Trend:Increase 325.77% than previous quarter

Overall: increasing (186.89%). 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 143.81 (%).Trend:Decrease 48.57% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 97.26 (%).Trend:Decrease 32.37% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 427.74 (%).Trend:Increase 339.79% than previous quarter

Overall: increasing (197.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.34 (%).Trend:Increase 3.55% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.12 (%).Trend:Decrease 2.36% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.97 (%).Trend:Increase 31.25% than previous quarter

Overall: increasing (28.16%). Fluctuation: **Neutral** (moderate 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 48.95 (%).Trend:Decrease 0.06% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 49.46 (%).Trend:Increase 1.04% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 48.3 (%).Trend:Decrease 2.35% than previous quarter

Overall: decreasing (-1.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 94.12% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.47 (USD).Trend:Increase 49.7% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.98 (USD).Trend:Decrease 139.68% than previous quarter

Overall: decreasing (-159.39%). Fluctuation: **Significant** (high variation).



Financial statements from 2020 Q3 to 2021 Q2 show significant volatility in key metrics. Working capital efficiency, indicated by liabilities and current assets on revenue, increases with substantial variations. Cost efficiency, expressed by the ratio of retained earnings to revenue, displays an upward trend but with high variability. Selling, General and Administrative (SG&A) expense ratio increases steadily. Investment efficiency reveals a slight downward trend, exhibiting minimal variations.  Earnings per share demonstrate a pronounced decline overall, with considerable volatility quarter to quarter.