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 23.78 (%).Trend:Decrease 52.42% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 16.27 (%).Trend:Decrease 31.58% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 49.64 (%).Trend:Increase 205.1% than previous quarter

Overall: increasing (108.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 84.24 (%).Trend:Decrease 48.56% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 48.25 (%).Trend:Decrease 42.72% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 127.56 (%).Trend:Increase 164.37% than previous quarter

Overall: increasing (51.42%). 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 146.21 (%).Trend:Decrease 48.38% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 98.17 (%).Trend:Decrease 32.86% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 290.14 (%).Trend:Increase 195.55% than previous quarter

Overall: increasing (98.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.37 (%).Trend:Decrease 5.27% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.86 (%).Trend:Decrease 8.26% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.83 (%).Trend:Decrease 14.47% than previous quarter

Overall: decreasing (-21.53%). Fluctuation: **Neutral** (moderate 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 118.65 (%).Trend:Increase 0.19% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 132.07 (%).Trend:Increase 11.31% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 141.29 (%).Trend:Increase 6.98% than previous quarter

Overall: increasing (19.08%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2020 Quarter 3: Earning Per Share 9.0 (USD).Trend:Increase 80.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 4.51 (USD).Trend:Decrease 49.89% than previous quarter

Overall: decreasing (-9.8%). Fluctuation: **Significant** (high variation).



Financial data for Q2 2020 to Q1 2021 reveals significant fluctuation. Liabilities on revenue and current assets on revenue increased, although with considerable variation. Cost efficiency, as indicated by the ratio of retained earnings to revenue, increased overall, but with high volatility.  SG&A expense ratio decreased steadily, exhibiting a neutral fluctuation. Investment efficiency showed a steady increase in retained earnings on assets, with minimal variation. Earning per share decreased overall, but with considerable fluctuations.