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 85.26 (%).Trend:Decrease 35.43% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 59.28 (%).Trend:Decrease 30.47% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 107.62 (%).Trend:Increase 81.55% than previous quarter

Overall: increasing (26.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 102.11 (%).Trend:Decrease 47.78% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 68.18 (%).Trend:Decrease 33.23% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 206.34 (%).Trend:Increase 202.64% than previous quarter

Overall: increasing (102.08%). 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 247.87 (%).Trend:Decrease 44.69% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 165.11 (%).Trend:Decrease 33.39% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 463.57 (%).Trend:Increase 180.76% than previous quarter

Overall: increasing (87.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.01 (%).Trend:Increase 5.26% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.49 (%).Trend:Decrease 5.77% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.62 (%).Trend:Decrease 10.25% than previous quarter

Overall: decreasing (-15.43%). 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 69.18 (%).Trend:Increase 0.92% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 68.69 (%).Trend:Decrease 0.71% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 77.49 (%).Trend:Increase 12.81% than previous quarter

Overall: increasing (12.01%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.84 (USD).Trend:Decrease 29.0% than previous quarter

Overall: increasing (42.0%). Fluctuation: **Significant** (high variation).



The financial statements for Q2 2020 to Q1 2021 show significant fluctuations in working capital efficiency. Liabilities on revenue are decreasing initially, then increased significantly,  indicating potential instability. Current assets on revenue also exhibit high variation,  increasing dramatically in Q1 2021. Cost efficiency trends show a decrease in SG&A expense ratio.  Invest efficiency data shows a steady, but slight, increase in retained earnings on assets. Earning per share, however, has significant fluctuations, showing strong increases and decreases over the period.  Overall, while some areas show positive trends, like decreases in SG&A, the significant volatility across most metrics warrants further investigation.