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 22.51 (%).Trend:Decrease 52.54% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 15.11 (%).Trend:Decrease 32.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.9 (%).Trend:Increase 217.01% than previous quarter

Overall: increasing (112.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 35.03 (%).Trend:Decrease 48.87% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 24.47 (%).Trend:Decrease 30.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 70.99 (%).Trend:Increase 190.11% than previous quarter

Overall: increasing (102.65%). 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 56.87 (%).Trend:Decrease 47.9% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 36.83 (%).Trend:Decrease 35.24% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 93.19 (%).Trend:Increase 153.03% than previous quarter

Overall: increasing (63.86%). 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 87.6 (%).Trend:Increase 2.26% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 84.61 (%).Trend:Decrease 3.41% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 79.99 (%).Trend:Decrease 5.46% than previous quarter

Overall: decreasing (-8.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.29 (USD).Trend:Decrease 35.5% than previous quarter

Overall: increasing (29.0%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, there's a notable increase in working capital efficiency (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue).  However, investment efficiency shows a slight decrease in retained earnings on assets. Earnings per share also showed a substantial increase. The significant fluctuations within each category indicate a dynamic financial performance, though there's concern for the direction of investment efficiency.