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 39.38 (%).Trend:Decrease 47.98% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.63 (%).Trend:Decrease 32.38% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 81.36 (%).Trend:Increase 205.52% than previous quarter

Overall: increasing (106.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 78.0 (%).Trend:Decrease 48.76% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 50.64 (%).Trend:Decrease 35.08% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 207.07 (%).Trend:Increase 308.91% than previous quarter

Overall: increasing (165.47%). 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 7.51 (%).Trend:Decrease 53.47% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 3.63 (%).Trend:Decrease 51.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 8.75 (%).Trend:Increase 141.05% than previous quarter

Overall: increasing (16.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.7 (%).Trend:Increase 1.54% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.96 (%).Trend:Increase 0.82% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.08 (%).Trend:Decrease 12.14% than previous quarter

Overall: decreasing (-11.42%). 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 5.93 (%).Trend:Decrease 9.6% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 4.3 (%).Trend:Decrease 27.49% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.79 (%).Trend:Decrease 35.12% than previous quarter

Overall: decreasing (-52.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.59 (USD).Trend:Increase 82.76% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.13 (USD).Trend:Increase 33.96% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 54.46% than previous quarter

Overall: decreasing (-38.99%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue increased by 106.6%, with significant fluctuation. Current assets on revenue increased by 165.47%, also significantly.  Ratio of retained earnings to revenue showed a significant increase of 16.51%, while SG&A expenses decreased by 11.42%.  Retained earnings on assets and earnings per share decreased significantly by 52.95% and 38.99% respectively.