Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 138.11 (%).Trend:Decrease 51.24% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 93.88 (%).Trend:Decrease 32.03% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 295.11 (%).Trend:Increase 214.35% than previous quarter

Overall: increasing (113.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.92 (%).Trend:Decrease 6.18% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.15 (%).Trend:Increase 1.28% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.66 (%).Trend:Decrease 2.7% than previous quarter

Overall: decreasing (-1.45%). Fluctuation: **Little** (low 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 76.29 (%).Trend:Decrease 1.51% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 75.54 (%).Trend:Decrease 0.98% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 68.73 (%).Trend:Decrease 9.02% than previous quarter

Overall: decreasing (-9.91%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 reveal mixed trends.  The ratio of retained earnings to revenue displayed a significant increase, but with large fluctuations across the three quarters.  Selling, general, and administrative (SG&A) expenses show a slight overall decrease, with minimal variation.  Retained earnings on assets trended downward with little fluctuation.  Earnings per share show considerable fluctuations, resulting in a net decrease.  The large variance in financial metrics requires careful consideration.