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 29.88 (%).Trend:Decrease 31.37% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.06 (%).Trend:Decrease 22.82% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 37.31 (%).Trend:Increase 61.8% than previous quarter

Overall: increasing (24.87%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 80.21 (%).Trend:Decrease 41.38% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 61.28 (%).Trend:Decrease 23.6% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 132.05 (%).Trend:Increase 115.49% than previous quarter

Overall: increasing (64.63%). 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 31.27 (%).Trend:Decrease 50.08% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 22.63 (%).Trend:Decrease 27.63% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 69.29 (%).Trend:Increase 206.19% than previous quarter

Overall: increasing (121.59%). 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 23.64 (%).Trend:Decrease 6.38% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.93 (%).Trend:Decrease 3.0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 33.53 (%).Trend:Increase 46.23% than previous quarter

Overall: increasing (41.84%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.49 (USD).Trend:Increase 16.33% than previous quarter

Overall: increasing (74.5%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2020 to Q1 2021 shows overall growth with significant fluctuations. Liabilities and current assets on revenue show increasing trends though with variation. The ratio of retained earnings to revenue demonstrates substantial increases and significant volatility.  Investment efficiency, measured by retained earnings on assets, exhibits a steady increase.  Finally, earnings per share increase significantly throughout the period, again with considerable variation.