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 26.15 (%).Trend:Decrease 49.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 15.81 (%).Trend:Decrease 39.54% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 50.55 (%).Trend:Increase 219.73% than previous quarter

Overall: increasing (93.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 45.0 (%).Trend:Decrease 61.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 30.36 (%).Trend:Decrease 32.53% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 115.89 (%).Trend:Increase 281.72% than previous quarter

Overall: increasing (157.53%). 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 37.44 (%).Trend:Decrease 73.32% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 32.42 (%).Trend:Decrease 13.41% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 145.01 (%).Trend:Increase 347.29% than previous quarter

Overall: increasing (287.31%). 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 44.68 (%).Trend:Decrease 24.62% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 58.82 (%).Trend:Increase 31.65% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 80.83 (%).Trend:Increase 37.42% than previous quarter

Overall: increasing (80.91%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.81 (USD).Trend:Increase 108.05% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.94 (USD).Trend:Increase 62.43% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.59 (USD).Trend:Decrease 45.92% than previous quarter

Overall: decreasing (-12.15%). Fluctuation: **Significant** (high variation).



Financial performance, from Q2 2020 to Q1 2021, exhibits significant fluctuations.  Working capital efficiency shows increasing trends for both liabilities on revenue (93.31%) and current assets on revenue (157.53%), but with substantial volatility.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also displays a marked increase (287.31%), despite high quarter-to-quarter variation. Investment efficiency, as measured by retained earnings on assets, shows a similar pattern of increase (80.91%) but with substantial volatility.  Earnings per share (EPS) decreased slightly (-12.15%) during this period, again exhibiting significant fluctuations.