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 35.92 (%).Trend:Decrease 46.13% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.67 (%).Trend:Decrease 39.67% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 62.93 (%).Trend:Increase 190.4% than previous quarter

Overall: increasing (75.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 49.68 (%).Trend:Decrease 46.2% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 35.74 (%).Trend:Decrease 28.06% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 88.29 (%).Trend:Increase 147.03% than previous quarter

Overall: increasing (77.72%). 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 50.51 (%).Trend:Decrease 47.97% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 36.01 (%).Trend:Decrease 28.71% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 90.35 (%).Trend:Increase 150.9% than previous quarter

Overall: increasing (78.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.43 (%).Trend:Decrease 3.44% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.2 (%).Trend:Decrease 2.73% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.16 (%).Trend:Decrease 12.68% than previous quarter

Overall: decreasing (-15.07%). 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 37.35 (%).Trend:Decrease 0.05% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 37.49 (%).Trend:Increase 0.37% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 39.11 (%).Trend:Increase 4.32% than previous quarter

Overall: increasing (4.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue increased sharply (75.19%), current assets on revenue also increased significantly (77.72%), and the ratio of retained earnings to revenue showed a substantial increase (78.88%), all with high variation. Conversely, the SG&A expense ratio decreased (-15.07%) with low variation. Retained earnings on assets increased by 4.71% with low variation, and earnings per share increased dramatically (100.0%) with high variation.