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 41.29 (%).Trend:Decrease 62.45% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 27.27 (%).Trend:Decrease 33.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 61.03 (%).Trend:Increase 123.8% than previous quarter

Overall: increasing (47.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 93.0 (%).Trend:Decrease 49.6% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 62.97 (%).Trend:Decrease 32.29% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 231.87 (%).Trend:Increase 268.22% than previous quarter

Overall: increasing (149.32%). 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 162.6 (%).Trend:Decrease 48.37% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 120.79 (%).Trend:Decrease 25.71% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 458.39 (%).Trend:Increase 279.49% than previous quarter

Overall: increasing (181.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.31 (%).Trend:Decrease 3.48% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.01 (%).Trend:Increase 8.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.44 (%).Trend:Increase 15.87% than previous quarter

Overall: increasing (25.63%). Fluctuation: **Neutral** (moderate 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 57.69 (%).Trend:Increase 1.91% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 60.74 (%).Trend:Increase 5.29% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 62.24 (%).Trend:Increase 2.47% than previous quarter

Overall: increasing (7.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.33 (USD).Trend:Increase 170.93% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.95 (USD).Trend:Increase 26.61% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 77.63% than previous quarter

Overall: decreasing (-71.67%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 display considerable volatility across various metrics. Working capital efficiency, measured by liabilities and current assets on revenue, show an overall increase but with substantial quarter-to-quarter fluctuations. Cost efficiency, measured by the retained earnings to revenue ratio, demonstrates significant growth with notable volatility.  Investment efficiency shows a consistent upward trend. Earnings per share, however, show a large decrease, presenting potential challenges.