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 60.19 (%).Trend:Decrease 45.06% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.83 (%).Trend:Decrease 33.83% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 117.82 (%).Trend:Increase 195.81% than previous quarter

Overall: increasing (95.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 336.3 (%).Trend:Decrease 47.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 218.92 (%).Trend:Decrease 34.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 599.63 (%).Trend:Increase 173.9% than previous quarter

Overall: increasing (78.3%). 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 173.33 (%).Trend:Decrease 46.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 110.52 (%).Trend:Decrease 36.24% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 315.57 (%).Trend:Increase 185.53% than previous quarter

Overall: increasing (82.06%). 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 42.52 (%).Trend:Increase 2.93% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 41.93 (%).Trend:Decrease 1.39% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 43.05 (%).Trend:Increase 2.67% than previous quarter

Overall: increasing (1.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 3.72 (USD).Trend:Increase 104.4% than previous quarter
Year 2020 Quarter 3: Earning Per Share 5.94 (USD).Trend:Increase 59.68% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.36 (USD).Trend:Decrease 60.27% than previous quarter

Overall: decreasing (-36.56%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2020 to Q1 2021 reveals significant increases in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue (95.75%, 78.3%, and 82.06% respectively), all with significant fluctuations.  Retained earnings on assets increased slightly (1.25%) with little variation. Earnings per share decreased significantly (-36.56%), exhibiting high volatility.