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 40.58 (%).Trend:Decrease 48.27% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.31 (%).Trend:Decrease 35.17% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 112.36 (%).Trend:Increase 327.06% than previous quarter

Overall: increasing (176.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 70.34 (%).Trend:Decrease 62.15% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 52.06 (%).Trend:Decrease 25.99% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 188.53 (%).Trend:Increase 262.14% than previous quarter

Overall: increasing (168.03%). 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 96.59 (%).Trend:Decrease 49.26% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 72.81 (%).Trend:Decrease 24.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 301.72 (%).Trend:Increase 314.39% than previous quarter

Overall: increasing (212.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.75 (%).Trend:Decrease 23.57% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.28 (%).Trend:Decrease 3.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.85 (%).Trend:Increase 11.82% than previous quarter

Overall: increasing (8.0%). 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 21.77 (%).Trend:Increase 10.56% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 23.71 (%).Trend:Increase 8.91% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 27.28 (%).Trend:Increase 15.06% than previous quarter

Overall: increasing (25.31%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.73 (USD).Trend:Increase 97.3% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.13 (USD).Trend:Increase 54.79% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.37 (USD).Trend:Decrease 67.26% than previous quarter

Overall: decreasing (-49.32%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal significant fluctuations. Liabilities on revenue increased substantially (176.89%), while current assets on revenue also increased (168.03%).  The ratio of retained earnings to revenue increased significantly (212.37%). SG&A expense ratio saw a slight increase (8.0%). Investment efficiency increased steadily (25.31%). Earnings per share decreased significantly (-49.32%).