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 58.4 (%).Trend:Decrease 67.75% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 45.02 (%).Trend:Decrease 22.91% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.88 (%).Trend:Increase 72.99% than previous quarter

Overall: increasing (33.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 90.99 (%).Trend:Decrease 68.1% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 64.54 (%).Trend:Decrease 29.07% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 128.4 (%).Trend:Increase 98.95% than previous quarter

Overall: increasing (41.11%). 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 66.33 (%).Trend:Decrease 65.51% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 39.53 (%).Trend:Decrease 40.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 102.01 (%).Trend:Increase 158.06% than previous quarter

Overall: increasing (53.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.79 (%).Trend:Decrease 31.07% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.56 (%).Trend:Decrease 7.01% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.95 (%).Trend:Decrease 22.36% than previous quarter

Overall: decreasing (-27.81%). Fluctuation: **Neutral** (moderate 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 20.79 (%).Trend:Increase 4.0% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 20.06 (%).Trend:Decrease 3.51% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 24.96 (%).Trend:Increase 24.43% than previous quarter

Overall: increasing (20.06%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.38 (USD).Trend:Decrease 58.24% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.01 (USD).Trend:Decrease 97.37% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.89 (USD).Trend:Decrease 9000.0% than previous quarter

Overall: increasing (-334.21%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all showed significant increases with high variation.  Conversely, the SG&A expense ratio decreased, exhibiting neutral fluctuation. Retained earnings on assets increased with moderate variation.  Earnings per share showed a significant increase, but with substantial fluctuation.