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 51.2 (%).Trend:Decrease 47.11% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 37.86 (%).Trend:Decrease 26.05% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 79.12 (%).Trend:Increase 108.98% than previous quarter

Overall: increasing (54.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 44.09 (%).Trend:Decrease 47.55% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 36.94 (%).Trend:Decrease 16.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 111.9 (%).Trend:Increase 202.92% than previous quarter

Overall: increasing (153.8%). 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 111.4 (%).Trend:Decrease 48.24% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 71.72 (%).Trend:Decrease 35.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 200.42 (%).Trend:Increase 179.45% than previous quarter

Overall: increasing (79.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.25 (%).Trend:Increase 1.71% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.56 (%).Trend:Increase 2.18% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Decrease 14.7% than previous quarter

Overall: decreasing (-12.84%). 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 60.3 (%).Trend:Increase 0.42% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 58.09 (%).Trend:Decrease 3.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 56.66 (%).Trend:Decrease 2.46% than previous quarter

Overall: decreasing (-6.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 40.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2020 to Q1 2021 displays significant volatility across key metrics. Working capital efficiency saw large changes in both liabilities and current assets on revenue. Cost efficiency, as measured by the ratio of retained earnings to revenue, experienced significant fluctuations. SG&A expense ratio decreased marginally. Investment efficiency saw a slight decline in retained earnings on assets. Earnings per share remained relatively stable, with significant quarter-to-quarter variations.