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 37.88 (%).Trend:Decrease 50.44% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.43 (%).Trend:Decrease 35.51% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 66.61 (%).Trend:Increase 172.66% than previous quarter

Overall: increasing (75.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 73.79 (%).Trend:Decrease 48.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 52.1 (%).Trend:Decrease 29.39% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 150.36 (%).Trend:Increase 188.6% than previous quarter

Overall: increasing (103.77%). 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 47.78 (%).Trend:Decrease 50.83% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 33.67 (%).Trend:Decrease 29.53% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 85.11 (%).Trend:Increase 152.78% than previous quarter

Overall: increasing (78.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.27 (%).Trend:Increase 6.68% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.06 (%).Trend:Decrease 3.98% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.82 (%).Trend:Decrease 24.51% than previous quarter

Overall: decreasing (-27.51%). 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 15.76 (%).Trend:Decrease 3.02% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 16.63 (%).Trend:Increase 5.52% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 15.74 (%).Trend:Decrease 5.35% than previous quarter

Overall: decreasing (-0.13%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.59 (USD).Trend:Increase 55.26% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.13 (USD).Trend:Decrease 77.97% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.43 (USD).Trend:Increase 230.77% than previous quarter

Overall: increasing (-27.12%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 display significant fluctuations across various financial metrics. Working capital efficiency, both liabilities and current assets on revenue, show significant increases and decreases, signaling potential strain or opportunity. The retained earnings-to-revenue ratio displays a considerable increase, which might signify improved financial performance. SG&A expense ratio exhibits a slight overall decrease. Invest efficiency displays a negligible overall change in retained earnings on assets. Earnings per share show a complex, albeit highly fluctuating, pattern.