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 17.69 (%).Trend:Decrease 49.92% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 11.53 (%).Trend:Decrease 34.82% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 35.09 (%).Trend:Increase 204.34% than previous quarter

Overall: increasing (98.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 63.2 (%).Trend:Decrease 59.19% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 43.64 (%).Trend:Decrease 30.95% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 163.4 (%).Trend:Increase 274.43% than previous quarter

Overall: increasing (158.54%). 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 85.97 (%).Trend:Decrease 49.18% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 57.61 (%).Trend:Decrease 32.99% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 215.89 (%).Trend:Increase 274.74% than previous quarter

Overall: increasing (151.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.14 (%).Trend:Decrease 0.55% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.82 (%).Trend:Decrease 1.76% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.36 (%).Trend:Increase 14.25% than previous quarter

Overall: increasing (12.24%). 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 51.37 (%).Trend:Increase 8.44% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 52.06 (%).Trend:Increase 1.34% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 53.89 (%).Trend:Increase 3.52% than previous quarter

Overall: increasing (4.91%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue increased significantly in Q1 2021, then decreased, before increasing again.  Current assets on revenue also displayed significant fluctuations, with large increases and decreases over the period. Cost efficiency shows a slight overall increase in SG&A expense ratio. Investment efficiency shows a small increase in retained earnings on assets with minor fluctuations.