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 39.72 (%).Trend:Decrease 48.11% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.27 (%).Trend:Decrease 33.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.68 (%).Trend:Increase 195.7% than previous quarter

Overall: increasing (95.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 69.16 (%).Trend:Decrease 49.14% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.35 (%).Trend:Decrease 35.87% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 133.36 (%).Trend:Increase 200.7% than previous quarter

Overall: increasing (92.83%). 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 55.94 (%).Trend:Decrease 46.34% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 37.44 (%).Trend:Decrease 33.07% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 123.77 (%).Trend:Increase 230.58% than previous quarter

Overall: increasing (121.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.7 (%).Trend:Increase 4.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.56 (%).Trend:Decrease 1.61% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.0 (%).Trend:Increase 5.14% than previous quarter

Overall: increasing (3.45%). 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 36.44 (%).Trend:Increase 4.05% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 37.28 (%).Trend:Increase 2.31% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 39.1 (%).Trend:Increase 4.88% than previous quarter

Overall: increasing (7.3%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show significant fluctuations. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased, although with substantial variation. SG&A expenses show a stable increasing trend. Invest efficiency shows a moderate increase in retained earnings on assets.