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 review from Q2 2020 to Q1 2021 reveals significant fluctuations across key metrics. Working capital efficiency displays substantial variation, with liabilities on revenue initially decreasing and then increasing. Current assets on revenue show similar volatility. Cost efficiency metrics, like the ratio of retained earnings to revenue, show high variability. SG&A expenses show a steady, slight decrease, while investment efficiency remains stable with little variation. Earnings per share show significant fluctuations, declining overall.