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 43.06 (%).Trend:Decrease 50.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 30.14 (%).Trend:Decrease 30.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 72.19 (%).Trend:Increase 139.52% than previous quarter

Overall: increasing (67.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 103.39 (%).Trend:Decrease 45.86% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 68.34 (%).Trend:Decrease 33.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 190.13 (%).Trend:Increase 178.21% than previous quarter

Overall: increasing (83.9%). 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 -4.9 (%).Trend:Decrease 71.11% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -1.46 (%).Trend:Decrease 70.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 10.77 (%).Trend:Decrease 837.67% than previous quarter

Overall: increasing (-319.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.54 (%).Trend:Decrease 6.27% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.61 (%).Trend:Increase 0.38% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.47 (%).Trend:Increase 4.62% than previous quarter

Overall: increasing (5.02%). 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 -1.71 (%).Trend:Decrease 45.37% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -0.75 (%).Trend:Decrease 56.14% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.05 (%).Trend:Decrease 373.33% than previous quarter

Overall: increasing (-219.88%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.67 (USD).Trend:Increase 97.06% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.91 (USD).Trend:Increase 35.82% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 64.84% than previous quarter

Overall: decreasing (-52.24%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue decreased then significantly increased, showing high variation.  Current assets on revenue followed a similar pattern. The ratio of retained earnings to revenue showed a substantial increase, with significant fluctuation.  The SG&A expense ratio increased slightly, demonstrating low variation. Retained earnings on assets significantly increased, and earnings per share decreased significantly.