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 31.6 (%).Trend:Decrease 38.17% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.31 (%).Trend:Decrease 42.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 52.8 (%).Trend:Increase 188.37% than previous quarter

Overall: increasing (67.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 118.57 (%).Trend:Decrease 41.75% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 85.56 (%).Trend:Decrease 27.84% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 461.33 (%).Trend:Increase 439.19% than previous quarter

Overall: increasing (289.08%). 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 4.95 (%).Trend:Decrease 403.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 11.19 (%).Trend:Increase 126.06% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 47.19 (%).Trend:Increase 321.72% than previous quarter

Overall: increasing (853.33%). 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 2.19 (%).Trend:Decrease 647.5% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.25 (%).Trend:Increase 231.05% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 7.3 (%).Trend:Increase 0.69% than previous quarter

Overall: increasing (233.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.53 (USD).Trend:Increase 194.44% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.27 (USD).Trend:Increase 139.62% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.3 (USD).Trend:Decrease 76.38% than previous quarter

Overall: decreasing (-43.4%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 shows a significant fluctuation in working capital efficiency with increases in liabilities and current assets on revenue. Cost efficiency as measured by the ratio of retained earnings to revenue experiences a substantial increase but with a sharp drop in early 2020.  Invest efficiency also indicates a substantial overall increase in retained earnings on assets, while earnings per share demonstrate significant fluctuations.