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 58.09 (%).Trend:Decrease 70.2% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 38.9 (%).Trend:Decrease 33.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 99.5 (%).Trend:Increase 155.78% than previous quarter

Overall: increasing (71.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 128.04 (%).Trend:Decrease 50.09% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 80.79 (%).Trend:Decrease 36.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 204.32 (%).Trend:Increase 152.9% than previous quarter

Overall: increasing (59.58%). 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 263.2 (%).Trend:Decrease 53.55% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 168.05 (%).Trend:Decrease 36.15% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 418.05 (%).Trend:Increase 148.77% than previous quarter

Overall: increasing (58.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.61 (%).Trend:Decrease 2.89% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.82 (%).Trend:Decrease 2.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.35 (%).Trend:Decrease 14.05% than previous quarter

Overall: decreasing (-16.13%). 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 35.6 (%).Trend:Decrease 0.28% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 35.79 (%).Trend:Increase 0.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 38.01 (%).Trend:Increase 6.2% than previous quarter

Overall: increasing (6.77%). Fluctuation: **Little** (low 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 2.33 (USD).Trend:Decrease 22.33% than previous quarter

Overall: increasing (16.5%). Fluctuation: **Neutral** (moderate variation).



From Q2 2020 to Q1 2021, Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all significantly increased, showing high variation. The SG&A Expense Ratio decreased significantly with little fluctuation. Retained Earnings on Assets showed little variation with a small increase. Earnings Per Share showed moderate variation with a small overall increase.