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 37.27 (%).Trend:Decrease 36.58% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.39 (%).Trend:Decrease 34.56% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 57.15 (%).Trend:Increase 134.32% than previous quarter

Overall: increasing (53.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 96.97 (%).Trend:Decrease 41.78% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 66.29 (%).Trend:Decrease 31.64% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 181.22 (%).Trend:Increase 173.37% than previous quarter

Overall: increasing (86.88%). 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 62.5 (%).Trend:Decrease 44.94% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 42.36 (%).Trend:Decrease 32.22% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 127.04 (%).Trend:Increase 199.91% than previous quarter

Overall: increasing (103.26%). 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 49.11 (%).Trend:Decrease 3.23% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 49.57 (%).Trend:Increase 0.94% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 55.87 (%).Trend:Increase 12.71% than previous quarter

Overall: increasing (13.77%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q2 2020 to Q1 2021 shows significant fluctuations across various metrics.  Working capital efficiency exhibits increasing trends for both liabilities and current assets on revenue, though with substantial quarter-to-quarter variation.  Cost efficiency, measured by the ratio of retained earnings to revenue, also displays a marked upward trend with high volatility. Investment efficiency, as indicated by retained earnings on assets, shows a more stable increasing pattern with less fluctuation.  The overall picture suggests substantial growth potential but also considerable risk due to the high degree of variability in the key performance indicators.