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 58.57 (%).Trend:Decrease 52.3% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 40.22 (%).Trend:Decrease 31.33% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 98.53 (%).Trend:Increase 144.98% than previous quarter

Overall: increasing (68.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 160.71 (%).Trend:Decrease 48.87% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 116.39 (%).Trend:Decrease 27.58% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 286.32 (%).Trend:Increase 146.0% than previous quarter

Overall: increasing (78.16%). 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 317.9 (%).Trend:Decrease 47.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 210.69 (%).Trend:Decrease 33.72% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 591.34 (%).Trend:Increase 180.67% than previous quarter

Overall: increasing (86.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.37 (%).Trend:Increase 6.59% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.23 (%).Trend:Decrease 3.2% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.71 (%).Trend:Decrease 12.29% than previous quarter

Overall: decreasing (-15.1%). 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 63.65 (%).Trend:Increase 1.22% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 62.31 (%).Trend:Decrease 2.11% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 63.58 (%).Trend:Increase 2.04% than previous quarter

Overall: decreasing (-0.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.81 (USD).Trend:Increase 84.09% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.53 (USD).Trend:Increase 88.89% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.72 (USD).Trend:Decrease 52.94% than previous quarter

Overall: decreasing (-11.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show significant fluctuations in key metrics. Working capital efficiency, with both liabilities and current assets on revenue, shows substantial quarter-to-quarter change. Cost efficiency shows significant variation, particularly in the ratio of retained earnings to revenue. SG&A expense ratio trends slightly downward with minor fluctuations. Investment efficiency is stable, with retained earnings on assets experiencing slight variations. Earnings per share decreased overall with notable fluctuations.