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 48.08 (%).Trend:Decrease 36.43% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 33.3 (%).Trend:Decrease 30.74% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 121.17 (%).Trend:Increase 263.87% than previous quarter

Overall: increasing (152.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 135.14 (%).Trend:Decrease 45.97% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 94.38 (%).Trend:Decrease 30.16% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 291.23 (%).Trend:Increase 208.57% than previous quarter

Overall: increasing (115.5%). 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 60.43 (%).Trend:Decrease 45.2% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 44.64 (%).Trend:Decrease 26.13% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 143.45 (%).Trend:Increase 221.35% than previous quarter

Overall: increasing (137.38%). 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 7.49 (%).Trend:Increase 4.46% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 8.93 (%).Trend:Increase 19.23% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.03 (%).Trend:Increase 12.32% than previous quarter

Overall: increasing (33.91%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.45 (USD).Trend:Increase 42.16% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.49 (USD).Trend:Increase 71.72% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.7 (USD).Trend:Decrease 71.89% than previous quarter

Overall: decreasing (-51.72%). Fluctuation: **Significant** (high variation).



The Q2 2020 to Q1 2021 financial statements show increases in working capital efficiency (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue), characterized by considerable fluctuations. Investment efficiency (retained earnings on assets) displays a neutral trend. Earnings per share demonstrate a significant decrease, marked by substantial volatility.