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 17.09 (%).Trend:Decrease 53.8% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 13.97 (%).Trend:Decrease 18.26% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.69 (%).Trend:Increase 241.37% than previous quarter

Overall: increasing (179.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 85.6 (%).Trend:Decrease 35.8% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 70.37 (%).Trend:Decrease 17.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 181.93 (%).Trend:Increase 158.53% than previous quarter

Overall: increasing (112.54%). 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 28.4 (%).Trend:Decrease 30.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 26.07 (%).Trend:Decrease 8.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 88.57 (%).Trend:Increase 239.74% than previous quarter

Overall: increasing (211.87%). 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 17.59 (%).Trend:Increase 10.77% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.64 (%).Trend:Increase 28.71% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.1 (%).Trend:Decrease 6.8% than previous quarter

Overall: increasing (19.95%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.18 (USD).Trend:Increase 63.64% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.46 (USD).Trend:Increase 155.56% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 58.7% than previous quarter

Overall: increasing (5.56%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 reveals significant volatility across key financial metrics.  Liabilities on revenue increased substantially from Q2 2020 to Q1 2021, but the trend is erratic, alternating between decreases and increases.  Current assets on revenue show a similar trend of substantial increases and decreases.  The ratio of retained earnings to revenue demonstrates a substantial increase over the period, also with highly variable quarterly data.  Investment efficiency, as measured by retained earnings on assets, displays a moderate increase with less extreme fluctuations. Earnings per share demonstrate an erratic pattern with large increases and decreases. Overall, the analysis indicates significant volatility and no consistent positive or negative trend in the financials reviewed.