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 135.18 (%).Trend:Decrease 49.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 89.12 (%).Trend:Decrease 34.07% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 264.63 (%).Trend:Increase 196.94% than previous quarter

Overall: increasing (95.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 185.23 (%).Trend:Decrease 47.5% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 129.15 (%).Trend:Decrease 30.28% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 532.34 (%).Trend:Increase 312.19% than previous quarter

Overall: increasing (187.39%). 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 -51.42 (%).Trend:Decrease 49.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -25.29 (%).Trend:Decrease 50.82% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -34.48 (%).Trend:Increase 36.34% than previous quarter

Overall: increasing (-32.94%). 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 -18.41 (%).Trend:Increase 0.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -13.02 (%).Trend:Decrease 29.28% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -4.64 (%).Trend:Decrease 64.36% than previous quarter

Overall: increasing (-74.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.3 (USD).Trend:Increase 113.11% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.07 (USD).Trend:Increase 59.23% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 68.12% than previous quarter

Overall: decreasing (-49.23%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 show significant fluctuation. Liabilities on revenue increased by 95.76%, while current assets on revenue increased by 187.39%. Cost efficiency demonstrates a significant, yet still increasing, trend in the ratio of retained earnings to revenue, overall increasing by 32.94%.  Invest efficiency shows an overall increasing trend of retained earnings on assets, -74.8%.  Earning per share decreased by 49.23% overall, indicating a potential negative trend.