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 765.19 (%).Trend:Decrease 23.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 430.94 (%).Trend:Decrease 43.68% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1071.01 (%).Trend:Increase 148.53% than previous quarter

Overall: increasing (39.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 814.25 (%).Trend:Decrease 25.15% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 469.6 (%).Trend:Decrease 42.33% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1240.44 (%).Trend:Increase 164.15% than previous quarter

Overall: increasing (52.34%). 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 47.7 (%).Trend:Decrease 48.88% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 38.21 (%).Trend:Decrease 19.9% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 131.03 (%).Trend:Increase 242.92% than previous quarter

Overall: increasing (174.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 5.13 (%).Trend:Decrease 27.85% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.06 (%).Trend:Increase 37.62% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.82 (%).Trend:Increase 24.93% than previous quarter

Overall: increasing (71.93%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.36 (USD).Trend:Increase 38.46% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.11 (USD).Trend:Increase 208.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 79.28% than previous quarter

Overall: decreasing (-36.11%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 show mixed results.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all trended upwards, but with significant variation across the quarters, showing sharp increases and decreases.  Invest efficiency also shows an increasing trend.  Earning per share, however, shows a substantial decrease overall, despite the earlier quarter increases.  These results indicate potential growth and increased cost efficiency in some areas, but profitability is impacted by significant fluctuations.