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 121.46 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 79.5 (%).Trend:Decrease 34.55% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 183.92 (%).Trend:Increase 131.35% than previous quarter

Overall: increasing (51.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 251.3 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 146.49 (%).Trend:Decrease 41.71% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 447.58 (%).Trend:Increase 205.54% than previous quarter

Overall: increasing (78.11%). 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 115.35 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 78.48 (%).Trend:Decrease 31.96% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 253.71 (%).Trend:Increase 223.28% than previous quarter

Overall: increasing (119.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.47 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.31 (%).Trend:Decrease 5.34% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 46.94 (%).Trend:Increase 22.53% than previous quarter

Overall: increasing (15.99%). 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 17.15 (%).Trend:Decrease 7.7% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.58 (%).Trend:Increase 14.17% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 22.04 (%).Trend:Increase 12.56% than previous quarter

Overall: increasing (28.51%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.07 (USD).Trend:Increase 160.98% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.83 (USD).Trend:Increase 71.03% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 93.99% than previous quarter

Overall: decreasing (-89.72%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2020 to Q1 2021 data reveals significant increases in liabilities on revenue (51.42%), current assets on revenue (78.11%), and the ratio of retained earnings to revenue (119.95%).  While SG&A expenses and retained earnings on assets also rose (15.99%, 28.51%), earnings per share fell dramatically (-89.72%).  The data indicate considerable fluctuation.