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 27.45 (%).Trend:Decrease 46.89% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 17.3 (%).Trend:Decrease 36.98% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 59.76 (%).Trend:Increase 245.43% than previous quarter

Overall: increasing (117.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 53.1 (%).Trend:Decrease 50.13% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 34.68 (%).Trend:Decrease 34.69% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 157.12 (%).Trend:Increase 353.06% than previous quarter

Overall: increasing (195.89%). 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 100.5 (%).Trend:Decrease 50.64% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 68.78 (%).Trend:Decrease 31.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 243.17 (%).Trend:Increase 253.55% than previous quarter

Overall: increasing (141.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.04 (%).Trend:Decrease 6.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.64 (%).Trend:Increase 1.93% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.72 (%).Trend:Increase 9.73% than previous quarter

Overall: increasing (11.86%). 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 72.23 (%).Trend:Increase 2.28% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 74.28 (%).Trend:Increase 2.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 67.71 (%).Trend:Decrease 8.84% than previous quarter

Overall: decreasing (-6.26%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue increased significantly from Q2 2020 to Q1 2021, then decreased in Q2 2021. Current assets on revenue also experienced significant increases and decreases. Cost efficiency shows a general upward trend in the SG&A expense ratio, while the ratio of retained earnings to revenue increased significantly across the three quarters. Investment efficiency shows a slight overall decrease in retained earnings on assets with little fluctuation.  Earning per share data is not provided for the period.