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 27.45 (%).Trend:Decrease 46.89% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 17.3 (%).Trend:Decrease 36.98% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 59.76 (%).Trend:Increase 245.43% than previous quarter

Overall: increasing (117.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 53.1 (%).Trend:Decrease 50.13% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 34.68 (%).Trend:Decrease 34.69% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 157.12 (%).Trend:Increase 353.06% than previous quarter

Overall: increasing (195.89%). 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 100.5 (%).Trend:Decrease 50.64% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 68.78 (%).Trend:Decrease 31.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 243.17 (%).Trend:Increase 253.55% than previous quarter

Overall: increasing (141.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.04 (%).Trend:Decrease 6.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.64 (%).Trend:Increase 1.93% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.72 (%).Trend:Increase 9.73% than previous quarter

Overall: increasing (11.86%). 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 72.23 (%).Trend:Increase 2.28% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 74.28 (%).Trend:Increase 2.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 67.71 (%).Trend:Decrease 8.84% than previous quarter

Overall: decreasing (-6.26%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q2 2020 to Q1 2021 shows significant increases in working capital and cost efficiency, but a slight decrease in investment efficiency.  Liabilities on revenue, and current assets on revenue, both increased significantly with considerable fluctuations. Cost efficiency, as measured by the retained earnings-to-revenue ratio, also increased substantially, exhibiting significant variability. Invest efficiency shows a moderate decrease in retained earnings on assets, though fluctuation remains low.  SG&A expense ratio shows a small but steady increase with little variation. Overall, there are large increases in working capital, cost, and revenue metrics, but a decline in investment efficiency.