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 34.03 (%).Trend:Decrease 49.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.11 (%).Trend:Decrease 29.15% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71.97 (%).Trend:Increase 198.51% than previous quarter

Overall: increasing (111.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 203.54 (%).Trend:Decrease 44.15% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 140.74 (%).Trend:Decrease 30.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 401.75 (%).Trend:Increase 185.46% than previous quarter

Overall: increasing (97.38%). 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 55.41 (%).Trend:Decrease 42.31% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 37.45 (%).Trend:Decrease 32.41% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 97.14 (%).Trend:Increase 159.39% than previous quarter

Overall: increasing (75.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 17.99 (%).Trend:Increase 3.45% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 17.54 (%).Trend:Decrease 2.5% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 15.71 (%).Trend:Decrease 10.43% than previous quarter

Overall: decreasing (-12.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.05 (USD).Trend:Decrease 171.43% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.03 (USD).Trend:Decrease 160.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.03 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-160.0%). Fluctuation: **Significant** (high variation).



Data from Q2 2020 to Q1 2021 reveals significant fluctuations.  Liabilities on revenue, current assets on revenue, and retained earnings to revenue all saw substantial increases, potentially indicating positive growth. However, retained earnings on assets declined slightly, and earnings per share also significantly decreased, suggesting uneven performance. Data on SG&A expense ratio was not included.