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 48.21 (%).Trend:Decrease 53.15% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.02 (%).Trend:Decrease 25.29% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 104.53 (%).Trend:Increase 190.2% than previous quarter

Overall: increasing (116.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 113.3 (%).Trend:Decrease 42.93% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 71.74 (%).Trend:Decrease 36.68% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 194.01 (%).Trend:Increase 170.43% than previous quarter

Overall: increasing (71.24%). 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 53.79 (%).Trend:Decrease 46.33% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 36.49 (%).Trend:Decrease 32.16% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 94.5 (%).Trend:Increase 158.98% than previous quarter

Overall: increasing (75.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.8 (%).Trend:Increase 2.3% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.56 (%).Trend:Decrease 2.45% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.68 (%).Trend:Increase 1.26% than previous quarter

Overall: decreasing (-1.22%). 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 18.34 (%).Trend:Decrease 2.6% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.07 (%).Trend:Increase 3.98% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 18.93 (%).Trend:Decrease 0.73% than previous quarter

Overall: increasing (3.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.75 (USD).Trend:Increase 22.95% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.22 (USD).Trend:Increase 62.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 52.46% than previous quarter

Overall: decreasing (-22.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 show an increase in liabilities on revenue (116.82%), despite fluctuating significantly. Current assets on revenue also increased (71.24%), with high volatility. The ratio of retained earnings to revenue increased (75.68%), exhibiting considerable variation. SG&A expense ratio remained relatively stable (decreasing by 1.22%), showing little fluctuation.  Investment efficiency shows a modest overall increase (3.22%) in retained earning on assets with minimal fluctuation. Earnings per share show a decline (22.67%) that fluctuated significantly between quarters.