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 34.75 (%).Trend:Decrease 43.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22.98 (%).Trend:Decrease 33.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.52 (%).Trend:Increase 219.93% than previous quarter

Overall: increasing (111.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 158.7 (%).Trend:Decrease 48.37% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 106.75 (%).Trend:Decrease 32.73% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 326.28 (%).Trend:Increase 205.65% than previous quarter

Overall: increasing (105.6%). 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 71.85 (%).Trend:Decrease 50.56% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 47.93 (%).Trend:Decrease 33.29% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 136.14 (%).Trend:Increase 184.04% than previous quarter

Overall: increasing (89.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.39 (%).Trend:Increase 2.5% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.62 (%).Trend:Increase 0.71% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.43 (%).Trend:Increase 2.48% than previous quarter

Overall: increasing (3.21%). 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 37.71 (%).Trend:Decrease 3.63% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 37.53 (%).Trend:Decrease 0.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.15 (%).Trend:Decrease 6.34% than previous quarter

Overall: decreasing (-6.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.03 (USD).Trend:Decrease 400.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.04 (USD).Trend:Increase 33.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.17 (USD).Trend:Increase 325.0% than previous quarter

Overall: decreasing (466.67%). Fluctuation: **Significant** (high variation).



A meticulous examination of Q2 2020 – Q1 2021 reveals substantial increases in liabilities on revenue (111.57%), current assets on revenue (105.6%), and the ratio of retained earnings to revenue (89.48%), all characterized by significant fluctuations.  Conversely,  retained earnings on assets demonstrated a minor decrease (-6.79%) with low volatility,  and the SG&A expense ratio showed a small increase (3.21%), also with low variation. Earnings per share, however, decreased markedly (466.67%), exhibiting significant fluctuation.