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 81.01 (%).Trend:Decrease 55.44% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 46.04 (%).Trend:Decrease 43.17% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 146.05 (%).Trend:Increase 217.22% than previous quarter

Overall: increasing (80.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 105.54 (%).Trend:Decrease 55.04% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 60.23 (%).Trend:Decrease 42.93% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 162.26 (%).Trend:Increase 169.4% than previous quarter

Overall: increasing (53.74%). 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 253.64 (%).Trend:Decrease 53.07% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 156.19 (%).Trend:Decrease 38.42% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 464.4 (%).Trend:Increase 197.33% than previous quarter

Overall: increasing (83.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.24 (%).Trend:Increase 12.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.19 (%).Trend:Decrease 1.18% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.43 (%).Trend:Increase 5.73% than previous quarter

Overall: increasing (4.48%). 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 51.24 (%).Trend:Increase 0.04% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 51.57 (%).Trend:Increase 0.64% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 53.6 (%).Trend:Increase 3.94% than previous quarter

Overall: increasing (4.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.41 (USD).Trend:Decrease 24.07% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.43 (USD).Trend:Increase 4.88% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.41 (USD).Trend:Decrease 195.35% than previous quarter

Overall: increasing (-200.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal significant volatility.  Liabilities and current assets on revenue showed a decline, followed by a large increase in Q1 2021.  The retained earnings to revenue ratio increased significantly over the period, while SG&A expenses trend upward in a small way.  Investment efficiency displays little variation, with a slight rise in retained earnings on assets. Earnings per share exhibit substantial fluctuation, with sharp decreases followed by a notable increase in Q1 2021.