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 35.5 (%).Trend:Decrease 38.98% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.57 (%).Trend:Decrease 33.61% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 79.77 (%).Trend:Increase 238.44% than previous quarter

Overall: increasing (124.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 263.73 (%).Trend:Decrease 49.11% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 170.08 (%).Trend:Decrease 35.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 531.34 (%).Trend:Increase 212.41% than previous quarter

Overall: increasing (101.47%). 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 496.9 (%).Trend:Decrease 48.86% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 340.53 (%).Trend:Decrease 31.47% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 1020.18 (%).Trend:Increase 199.59% than previous quarter

Overall: increasing (105.31%). 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 84.59 (%).Trend:Decrease 1.64% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 84.79 (%).Trend:Increase 0.24% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 83.33 (%).Trend:Decrease 1.72% than previous quarter

Overall: decreasing (-1.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 5.56 (USD).Trend:Increase 77.07% than previous quarter
Year 2020 Quarter 3: Earning Per Share 9.43 (USD).Trend:Increase 69.6% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.63 (USD).Trend:Decrease 93.32% than previous quarter

Overall: decreasing (-88.67%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations, with liabilities on revenue increasing substantially in Q1 2021, then decreasing sharply in subsequent quarters.  Current assets on revenue also show high variability, increasing significantly in Q1 2021, followed by substantial decreases.  Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibits substantial fluctuation, increasing sharply in Q1 2021, then decreasing significantly in following quarters.  Investment efficiency, as measured by retained earnings on assets, displays minimal fluctuation. Earnings per share, however, experienced substantial increases and decreases, with a dramatic drop in Q1 2021, then a significant recovery in subsequent quarters.  The overall trend suggests increasing financial performance, but the high volatility across quarters requires further investigation and analysis of underlying causes.