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 58.09 (%).Trend:Decrease 70.2% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 38.9 (%).Trend:Decrease 33.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 99.5 (%).Trend:Increase 155.78% than previous quarter

Overall: increasing (71.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 128.04 (%).Trend:Decrease 50.09% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 80.79 (%).Trend:Decrease 36.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 204.32 (%).Trend:Increase 152.9% than previous quarter

Overall: increasing (59.58%). 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 263.2 (%).Trend:Decrease 53.55% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 168.05 (%).Trend:Decrease 36.15% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 418.05 (%).Trend:Increase 148.77% than previous quarter

Overall: increasing (58.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.61 (%).Trend:Decrease 2.89% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.82 (%).Trend:Decrease 2.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.35 (%).Trend:Decrease 14.05% than previous quarter

Overall: decreasing (-16.13%). 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 35.6 (%).Trend:Decrease 0.28% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 35.79 (%).Trend:Increase 0.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 38.01 (%).Trend:Increase 6.2% than previous quarter

Overall: increasing (6.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.33 (USD).Trend:Decrease 22.33% than previous quarter

Overall: increasing (16.5%). Fluctuation: **Neutral** (moderate variation).



Analyzing Q2 2020 to Q1 2021,  Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all experienced substantial increases with significant fluctuation.  Conversely, the SG&A Expense Ratio decreased notably, displaying little variation. Retained Earning on Assets showed a small increase with little fluctuation. Earnings Per Share showed a moderate increase with neutral variation.