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 41.75 (%).Trend:Decrease 47.58% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 28.66 (%).Trend:Decrease 31.35% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.56 (%).Trend:Increase 170.62% than previous quarter

Overall: increasing (85.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 87.11 (%).Trend:Decrease 48.3% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 59.43 (%).Trend:Decrease 31.78% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 168.9 (%).Trend:Increase 184.2% than previous quarter

Overall: increasing (93.89%). 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 23.72 (%).Trend:Decrease 47.12% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 16.78 (%).Trend:Decrease 29.26% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 50.95 (%).Trend:Increase 203.64% than previous quarter

Overall: increasing (114.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.69 (%).Trend:Increase 4.53% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.56 (%).Trend:Decrease 3.52% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.95 (%).Trend:Increase 10.96% than previous quarter

Overall: increasing (7.05%). 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 19.42 (%).Trend:Increase 2.21% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 20.24 (%).Trend:Increase 4.22% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.65 (%).Trend:Increase 6.97% than previous quarter

Overall: increasing (11.48%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q2 2020 to Q1 2021 reveals considerable fluctuation in several key areas.  Working capital efficiency, with liabilities and current assets on revenue exhibiting considerable fluctuations.  Cost efficiency, as measured by the ratio of retained earnings to revenue, saw a large increase after significant decreases.  SG&A expense ratio was relatively stable, showing modest increases and decreases.  Investment efficiency, as measured by retained earnings on assets, demonstrates stable growth.