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 35.86 (%).Trend:Decrease 43.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.42 (%).Trend:Decrease 31.9% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 76.47 (%).Trend:Increase 213.14% than previous quarter

Overall: increasing (113.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 59.61 (%).Trend:Decrease 52.96% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 45.3 (%).Trend:Decrease 24.01% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 143.72 (%).Trend:Increase 217.26% than previous quarter

Overall: increasing (141.1%). 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 138.3 (%).Trend:Decrease 46.5% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 95.91 (%).Trend:Decrease 30.65% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 302.78 (%).Trend:Increase 215.69% than previous quarter

Overall: increasing (118.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.33 (%).Trend:Increase 5.73% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.9 (%).Trend:Increase 5.52% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.03 (%).Trend:Increase 1.19% than previous quarter

Overall: increasing (6.78%). 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 73.43 (%).Trend:Increase 3.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 70.73 (%).Trend:Decrease 3.68% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 68.01 (%).Trend:Decrease 3.85% than previous quarter

Overall: decreasing (-7.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 84.81% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.23 (USD).Trend:Increase 52.74% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 67.26% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal significant fluctuations in key metrics. Liabilities and current assets on revenue increased substantially, while the ratio of retained earnings to revenue experienced a considerable uptrend.  Conversely, the investment efficiency, measured by retained earnings on assets, experienced a consistent decrease, albeit with minor oscillations.  Earnings per share also experienced a sizable decrease from Q3 2020 to Q1 2021. These findings suggest significant variability in the company's performance requiring further examination of underlying factors.