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 47.59 (%).Trend:Decrease 53.11% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.26 (%).Trend:Decrease 32.21% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 87.97 (%).Trend:Increase 172.69% than previous quarter

Overall: increasing (84.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 126.82 (%).Trend:Decrease 50.07% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 85.86 (%).Trend:Decrease 32.3% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 230.06 (%).Trend:Increase 167.95% than previous quarter

Overall: increasing (81.41%). 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 116.42 (%).Trend:Decrease 50.8% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 75.78 (%).Trend:Decrease 34.91% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 195.89 (%).Trend:Increase 158.5% than previous quarter

Overall: increasing (68.26%). 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 43.02 (%).Trend:Increase 1.39% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 43.93 (%).Trend:Increase 2.12% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 46.22 (%).Trend:Increase 5.21% than previous quarter

Overall: increasing (7.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.73 (USD).Trend:Increase 150.72% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.59 (USD).Trend:Increase 107.51% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.39 (USD).Trend:Decrease 33.43% than previous quarter

Overall: increasing (38.15%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 shows substantial fluctuations in key financial metrics.  Liabilities and current assets on revenue demonstrate significant volatility, with substantial increases and decreases throughout the period.  Similarly, the ratio of retained earnings to revenue shows large increases and decreases, suggesting inconsistent cost efficiency. Investment efficiency shows a steady increase in retained earnings on assets, with little fluctuation. Earnings per share also displays significant volatility.