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 41.82 (%).Trend:Decrease 50.49% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.47 (%).Trend:Decrease 36.7% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.84 (%).Trend:Increase 178.96% than previous quarter

Overall: increasing (76.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 82.99 (%).Trend:Decrease 46.64% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 58.96 (%).Trend:Decrease 28.96% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 185.28 (%).Trend:Increase 214.25% than previous quarter

Overall: increasing (123.26%). 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 25.83 (%).Trend:Decrease 37.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 21.46 (%).Trend:Decrease 16.92% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 76.19 (%).Trend:Increase 255.03% than previous quarter

Overall: increasing (194.97%). 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 27.4 (%).Trend:Increase 17.55% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 32.4 (%).Trend:Increase 18.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 37.88 (%).Trend:Increase 16.91% than previous quarter

Overall: increasing (38.25%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q2 2020 to Q1 2021 shows substantial increases and decreases in several key areas.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all exhibit significant, but inconsistent, changes, with a marked increase into Q1 2021 for all three metrics.  Investment efficiency remains consistently positive, although the trend is less dramatic compared to the other three metrics.  The high degree of fluctuation necessitates a deeper dive into the underlying causes to gauge the financial health and stability of the organization.