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 52.35 (%).Trend:Decrease 57.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 47.1 (%).Trend:Decrease 10.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 139.82 (%).Trend:Increase 196.86% than previous quarter

Overall: increasing (167.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 81.95 (%).Trend:Decrease 54.1% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 61.82 (%).Trend:Decrease 24.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 187.32 (%).Trend:Increase 203.01% than previous quarter

Overall: increasing (128.58%). 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 201.91 (%).Trend:Decrease 49.85% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 144.49 (%).Trend:Decrease 28.44% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 486.09 (%).Trend:Increase 236.42% than previous quarter

Overall: increasing (140.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.44 (%).Trend:Decrease 6.27% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.64 (%).Trend:Increase 5.35% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.93 (%).Trend:Increase 1.23% than previous quarter

Overall: increasing (6.64%). 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 101.95 (%).Trend:Increase 6.85% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 93.83 (%).Trend:Decrease 7.96% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 93.12 (%).Trend:Decrease 0.76% than previous quarter

Overall: decreasing (-8.66%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 3.82 (USD).Trend:Increase 42.54% than previous quarter
Year 2020 Quarter 3: Earning Per Share 6.56 (USD).Trend:Increase 71.73% than previous quarter
Year 2021 Quarter 1: Earning Per Share 5.11 (USD).Trend:Decrease 22.1% than previous quarter

Overall: increasing (33.77%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2020 to Q1 2021 reveals a mixed bag. Working capital efficiency shows significant, but differing, trends in liabilities and current assets. Cost efficiency, specifically the ratio of retained earnings to revenue, saw a substantial overall increase despite notable quarter-to-quarter fluctuations.  Selling, General, and Administrative (SG&A) expense ratios trended upward steadily. Investment efficiency indicates a minor overall decrease in retained earnings on assets. Earnings per share displayed a general upward trend with considerable fluctuations.