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 45.91 (%).Trend:Decrease 57.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.75 (%).Trend:Decrease 19.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 95.89 (%).Trend:Increase 160.93% than previous quarter

Overall: increasing (108.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 101.26 (%).Trend:Decrease 41.03% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 72.11 (%).Trend:Decrease 28.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 157.89 (%).Trend:Increase 118.96% than previous quarter

Overall: increasing (55.93%). 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 16.31 (%).Trend:Decrease 51.23% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 10.7 (%).Trend:Decrease 34.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 25.76 (%).Trend:Increase 140.75% than previous quarter

Overall: increasing (57.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.26 (%).Trend:Increase 13.82% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.98 (%).Trend:Decrease 4.47% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.26 (%).Trend:Decrease 12.04% than previous quarter

Overall: decreasing (-15.97%). 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 7.09 (%).Trend:Decrease 20.34% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.11 (%).Trend:Increase 0.28% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 7.67 (%).Trend:Increase 7.88% than previous quarter

Overall: increasing (8.18%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 demonstrate substantial fluctuations.  Liabilities and current assets on revenue show increases and decreases, reflecting significant volatility in working capital efficiency. Cost efficiency, measured by the retained earnings-to-revenue ratio, also shows significant variation.  The SG&A expense ratio displays a slight overall decrease, but the remaining indicators reveal considerable instability.  Retained earnings on assets show a moderate increase. The data points to a dynamic financial environment with unpredictable changes across key metrics.