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 38.86 (%).Trend:Decrease 42.74% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 25.89 (%).Trend:Decrease 33.38% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.85 (%).Trend:Increase 185.25% than previous quarter

Overall: increasing (90.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 212.75 (%).Trend:Decrease 49.96% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 133.98 (%).Trend:Decrease 37.02% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 362.51 (%).Trend:Increase 170.57% than previous quarter

Overall: increasing (70.39%). 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 70.42 (%).Trend:Decrease 51.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 45.74 (%).Trend:Decrease 35.05% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 123.87 (%).Trend:Increase 170.81% than previous quarter

Overall: increasing (75.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.75 (%).Trend:Increase 6.96% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.06 (%).Trend:Decrease 8.14% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.22 (%).Trend:Increase 6.09% than previous quarter

Overall: decreasing (-2.55%). 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 23.14 (%).Trend:Decrease 3.46% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 24.08 (%).Trend:Increase 4.06% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 24.09 (%).Trend:Increase 0.04% than previous quarter

Overall: increasing (4.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.48 (USD).Trend:Increase 85.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.72 (USD).Trend:Increase 83.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 63.24% than previous quarter

Overall: decreasing (-32.43%). Fluctuation: **Significant** (high variation).



The financial data for Q2 2020 to Q1 2021 reveals fluctuating trends.  Working capital efficiency, indicated by liabilities and current assets on revenue, is increasing but exhibits significant quarterly variability.  Cost efficiency, measured by retained earnings to revenue, is also increasing, but with considerable quarterly changes.  SG&A expense ratios show a minor overall decrease, with little quarterly volatility. Investment efficiency displays a slight uptrend in retained earnings on assets with minor quarterly changes.  Earnings per share are declining overall with high variability. This suggests periods of considerable change in financial performance.