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 96.11 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 67.92 (%).Trend:Decrease 29.33% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 187.65 (%).Trend:Increase 176.28% than previous quarter

Overall: increasing (95.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 106.62 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 67.7 (%).Trend:Decrease 36.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 186.21 (%).Trend:Increase 175.05% than previous quarter

Overall: increasing (74.65%). 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 -57.01 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -34.99 (%).Trend:Decrease 38.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -83.77 (%).Trend:Increase 139.41% than previous quarter

Overall: decreasing (46.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.11 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.97 (%).Trend:Decrease 0.93% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.14 (%).Trend:Decrease 5.54% than previous quarter

Overall: decreasing (-6.42%). 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 -32.74 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -30.95 (%).Trend:Decrease 5.47% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -27.18 (%).Trend:Decrease 12.18% than previous quarter

Overall: increasing (-16.98%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.9 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.51 (USD).Trend:Increase 67.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.71 (USD).Trend:Decrease 52.98% than previous quarter

Overall: decreasing (-21.11%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 reveal considerable volatility in financial metrics. Liabilities and current assets on revenue display significant fluctuation. Cost efficiency, in terms of retained earnings to revenue, shows a decreasing trend with large quarterly shifts.  Investment efficiency also has a downward trend.  Earning per share shows a fluctuating trend overall with a significant decrease in one quarter.