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 27.89 (%).Trend:Decrease 52.81% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 17.43 (%).Trend:Decrease 37.5% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 68.78 (%).Trend:Increase 294.61% than previous quarter

Overall: increasing (146.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 17.93 (%).Trend:Decrease 54.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 27.49 (%).Trend:Increase 53.32% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 127.6 (%).Trend:Increase 364.17% than previous quarter

Overall: increasing (611.66%). 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 38.08 (%).Trend:Decrease 50.61% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 20.29 (%).Trend:Decrease 46.72% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 94.22 (%).Trend:Increase 364.37% than previous quarter

Overall: increasing (147.43%). 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 28.43 (%).Trend:Increase 5.26% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 18.4 (%).Trend:Decrease 35.28% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 20.86 (%).Trend:Increase 13.37% than previous quarter

Overall: decreasing (-26.63%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 300.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.0 (USD).Trend:Decrease 150.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 7.0 (USD).Trend:Decrease 450.0% than previous quarter

Overall: increasing (75.0%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2020 to Q1 2021 data reveals significant volatility. Liabilities, current assets, and retained earnings ratios all increased substantially, suggesting potential rapid growth or external influences.  Retained earnings on assets showed a moderate decrease, while earnings per share increased significantly, albeit with major fluctuations.  A deeper investigation into these significant changes is necessary.