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 57.29 (%).Trend:Decrease 47.17% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.89 (%).Trend:Decrease 35.61% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 104.49 (%).Trend:Increase 183.25% than previous quarter

Overall: increasing (82.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 52.69 (%).Trend:Decrease 49.19% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 35.95 (%).Trend:Decrease 31.77% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 105.04 (%).Trend:Increase 192.18% than previous quarter

Overall: increasing (99.35%). 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 284.35 (%).Trend:Decrease 48.18% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 189.78 (%).Trend:Decrease 33.26% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 543.83 (%).Trend:Increase 186.56% than previous quarter

Overall: increasing (91.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.88 (%).Trend:Decrease 0.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.11 (%).Trend:Increase 0.64% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.95 (%).Trend:Increase 2.33% than previous quarter

Overall: increasing (2.98%). 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 150.13 (%).Trend:Increase 0.64% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 149.05 (%).Trend:Decrease 0.72% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 149.51 (%).Trend:Increase 0.31% than previous quarter

Overall: decreasing (-0.41%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.58 (USD).Trend:Increase 90.36% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.39 (USD).Trend:Increase 51.27% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 66.53% than previous quarter

Overall: decreasing (-49.37%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show considerable fluctuations. Working capital efficiency exhibits substantial increases in both liabilities and current assets (82.39% and 99.35%, respectively), suggesting improved short-term liquidity, but the significant variance is a concern. Cost efficiency displays a large increase (91.25%) in the ratio of retained earnings to revenue.  Selling, general, and administrative (SG&A) expenses saw a small increase (2.98%). Investment efficiency, however, decreased slightly (-0.41%), and earnings per share also experienced a notable decrease (-49.37%).