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 75.69 (%).Trend:Decrease 54.52% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 51.92 (%).Trend:Decrease 31.4% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 184.2 (%).Trend:Increase 254.78% than previous quarter

Overall: increasing (143.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 162.69 (%).Trend:Decrease 50.08% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 108.79 (%).Trend:Decrease 33.13% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 181.16 (%).Trend:Increase 66.52% than previous quarter

Overall: increasing (11.35%). Fluctuation: **Neutral** (moderate 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 48.05 (%).Trend:Decrease 46.44% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 33.53 (%).Trend:Decrease 30.22% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 101.73 (%).Trend:Increase 203.4% than previous quarter

Overall: increasing (111.72%). 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 12.28 (%).Trend:Increase 7.06% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 12.87 (%).Trend:Increase 4.8% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 12.87 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (4.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.33 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 24.24% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 82.93% than previous quarter

Overall: decreasing (-78.79%). Fluctuation: **Significant** (high variation).



Analysis from Q2 2020 to Q1 2021 reveals significant increases in Liabilities on Revenue and Ratio of Retained Earnings to Revenue, accompanied by high fluctuation. Current assets on Revenue shows a small increase with moderate variation. Retained Earning on Assets shows a small increase with low variation.  Earning Per Share decreased significantly, with high fluctuation. SG&A Expense Ratio data is absent.