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 35.11 (%).Trend:Decrease 47.5% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.71 (%).Trend:Decrease 29.62% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71.09 (%).Trend:Increase 187.7% than previous quarter

Overall: increasing (102.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 87.48 (%).Trend:Decrease 16.33% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 45.92 (%).Trend:Decrease 47.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 139.46 (%).Trend:Increase 203.7% than previous quarter

Overall: increasing (59.42%). 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 -101.28 (%).Trend:Decrease 37.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -63.71 (%).Trend:Decrease 37.1% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -165.14 (%).Trend:Increase 159.21% than previous quarter

Overall: decreasing (63.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.2 (%).Trend:Increase 20.65% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.33 (%).Trend:Increase 7.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.41 (%).Trend:Decrease 19.05% than previous quarter

Overall: decreasing (-12.61%). Fluctuation: **Neutral** (moderate 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 -22.17 (%).Trend:Decrease 4.85% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -22.15 (%).Trend:Decrease 0.09% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -21.42 (%).Trend:Decrease 3.3% than previous quarter

Overall: increasing (-3.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.42 (USD).Trend:Increase 18.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.1 (USD).Trend:Increase 47.89% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.08 (USD).Trend:Decrease 48.57% than previous quarter

Overall: decreasing (-23.94%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, Liabilities on Revenue increased significantly (102.48%), with substantial fluctuation. Current assets on revenue also increased (59.42%), exhibiting significant variation. The Ratio of Retained Earnings to Revenue decreased significantly (63.05%), showing high fluctuation. SG&A Expense Ratio decreased moderately (-12.61%), exhibiting neutral variation. Retained Earning on Assets showed a slight overall increase (-3.38%) but with significant fluctuation. Earning Per Share decreased significantly (-23.94%), with high variation.