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 85.79 (%).Trend:Decrease 66.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 43.7 (%).Trend:Decrease 49.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 97.47 (%).Trend:Increase 123.04% than previous quarter

Overall: increasing (13.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 141.88 (%).Trend:Decrease 50.21% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81.31 (%).Trend:Decrease 42.69% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 205.05 (%).Trend:Increase 152.18% than previous quarter

Overall: increasing (44.52%). 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 159.6 (%).Trend:Decrease 44.71% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 99.29 (%).Trend:Decrease 37.79% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 219.91 (%).Trend:Increase 121.48% than previous quarter

Overall: increasing (37.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.01 (%).Trend:Increase 6.98% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.68 (%).Trend:Decrease 6.13% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.15 (%).Trend:Decrease 4.29% than previous quarter

Overall: decreasing (-10.16%). 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 48.59 (%).Trend:Increase 5.52% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 50.87 (%).Trend:Increase 4.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 49.53 (%).Trend:Decrease 2.63% than previous quarter

Overall: increasing (1.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.14 (USD).Trend:Decrease 12.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 192.86% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.46 (USD).Trend:Increase 12.2% than previous quarter

Overall: increasing (228.57%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased from Q2 2020 to Q1 2021, with decreases in Q2 2020 and Q3 2020. Current assets on revenue also increased, but with high variance. Cost efficiency shows a decreasing trend in the SG&A expense ratio, with minor variations. The ratio of retained earnings to revenue is increasing, but with considerable fluctuation. Invest efficiency shows a slight increase in retained earnings on assets with minor fluctuation. Earnings per share show significant fluctuations, with substantial growth overall.