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 35.63 (%).Trend:Decrease 25.21% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22.52 (%).Trend:Decrease 36.79% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 63.47 (%).Trend:Increase 181.84% than previous quarter

Overall: increasing (78.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 31.83 (%).Trend:Decrease 31.36% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 22.7 (%).Trend:Decrease 28.68% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 72.15 (%).Trend:Increase 217.84% than previous quarter

Overall: increasing (126.67%). 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 64.94 (%).Trend:Decrease 44.73% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 43.31 (%).Trend:Decrease 33.31% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 105.68 (%).Trend:Increase 144.01% than previous quarter

Overall: increasing (62.73%). 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 34.41 (%).Trend:Decrease 7.77% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 34.84 (%).Trend:Increase 1.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.15 (%).Trend:Increase 0.89% than previous quarter

Overall: increasing (2.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.25 (USD).Trend:Decrease 208.7% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.17 (USD).Trend:Decrease 168.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.92 (USD).Trend:Increase 441.18% than previous quarter

Overall: increasing (-468.0%). Fluctuation: **Significant** (high variation).



Between Q2 2020 and Q1 2021, there were significant increases in liabilities on revenue (78.14%), current assets on revenue (126.67%), and the ratio of retained earnings to revenue (62.73%), all with significant fluctuation.  Retained earnings on assets showed only a small increase (2.15%), and earnings per share increased dramatically after initially decreasing significantly.