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 58.57 (%).Trend:Decrease 52.3% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 40.22 (%).Trend:Decrease 31.33% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 98.53 (%).Trend:Increase 144.98% than previous quarter

Overall: increasing (68.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 160.71 (%).Trend:Decrease 48.87% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 116.39 (%).Trend:Decrease 27.58% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 286.32 (%).Trend:Increase 146.0% than previous quarter

Overall: increasing (78.16%). 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 317.9 (%).Trend:Decrease 47.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 210.69 (%).Trend:Decrease 33.72% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 591.34 (%).Trend:Increase 180.67% than previous quarter

Overall: increasing (86.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.37 (%).Trend:Increase 6.59% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.23 (%).Trend:Decrease 3.2% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.71 (%).Trend:Decrease 12.29% than previous quarter

Overall: decreasing (-15.1%). 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 63.65 (%).Trend:Increase 1.22% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 62.31 (%).Trend:Decrease 2.11% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 63.58 (%).Trend:Increase 2.04% than previous quarter

Overall: decreasing (-0.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.81 (USD).Trend:Increase 84.09% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.53 (USD).Trend:Increase 88.89% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.72 (USD).Trend:Decrease 52.94% than previous quarter

Overall: decreasing (-11.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show fluctuations across most metrics. Working capital efficiency shows significant variation, with liabilities on revenue increasing after initial decreases. Current assets on revenue also exhibit substantial variability, increasing after periods of decline. Cost efficiency, particularly the ratio of retained earnings to revenue, demonstrates major variations, increasing overall. SG&A expense ratio shows little fluctuation, decreasing slightly. Investment efficiency remained stable. Earnings per share also fluctuated significantly, decreasing overall.