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 data for Q2 2020 to Q1 2021 shows mixed results. Working capital efficiency (liabilities and current assets on revenue) displays significant, yet opposite, fluctuations, potentially indicative of short-term instability.  Cost efficiency, as measured by the ratio of retained earnings to revenue, saw a significant increase (140.75%) with substantial quarter-to-quarter changes.  Selling, general, and administrative (SG&A) expense ratios show a modest overall increase (6.64%). Investment efficiency, measured by retained earnings on assets, shows a slight decrease. Earnings per share saw an overall increase (33.77%) with noticeable quarterly swings.