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 75.44 (%).Trend:Decrease 49.04% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 51.1 (%).Trend:Decrease 32.26% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 110.22 (%).Trend:Increase 115.69% than previous quarter

Overall: increasing (46.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 62.38 (%).Trend:Decrease 44.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 40.23 (%).Trend:Decrease 35.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 84.15 (%).Trend:Increase 109.17% than previous quarter

Overall: increasing (34.9%). 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 41.23 (%).Trend:Decrease 47.2% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 28.46 (%).Trend:Decrease 30.97% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 96.78 (%).Trend:Increase 240.06% than previous quarter

Overall: increasing (134.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.17 (%).Trend:Decrease 2.33% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.77 (%).Trend:Decrease 3.29% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.8 (%).Trend:Decrease 8.24% than previous quarter

Overall: decreasing (-11.26%). 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 14.44 (%).Trend:Increase 4.87% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.27 (%).Trend:Increase 5.75% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 19.32 (%).Trend:Increase 26.52% than previous quarter

Overall: increasing (33.8%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 7.96 (USD).Trend:Increase 149.53% than previous quarter
Year 2020 Quarter 3: Earning Per Share 11.77 (USD).Trend:Increase 47.86% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.33 (USD).Trend:Decrease 71.71% than previous quarter

Overall: decreasing (-58.17%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 data reveals significant fluctuations.  Liabilities and current assets on revenue increased (46.1%, 34.9%), demonstrating improved working capital efficiency.  Ratio of retained earnings to revenue showed a substantial increase (134.73%), indicating improved cost efficiency.  However, SG&A expenses decreased slightly (-11.26%), and earnings per share decreased significantly (-58.17%), while retained earnings on assets increased moderately (33.8%).