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 35.92 (%).Trend:Decrease 46.13% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.67 (%).Trend:Decrease 39.67% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 62.93 (%).Trend:Increase 190.4% than previous quarter

Overall: increasing (75.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 49.68 (%).Trend:Decrease 46.2% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 35.74 (%).Trend:Decrease 28.06% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 88.29 (%).Trend:Increase 147.03% than previous quarter

Overall: increasing (77.72%). 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 50.51 (%).Trend:Decrease 47.97% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 36.01 (%).Trend:Decrease 28.71% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 90.35 (%).Trend:Increase 150.9% than previous quarter

Overall: increasing (78.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.43 (%).Trend:Decrease 3.44% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.2 (%).Trend:Decrease 2.73% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.16 (%).Trend:Decrease 12.68% than previous quarter

Overall: decreasing (-15.07%). 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 37.35 (%).Trend:Decrease 0.05% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 37.49 (%).Trend:Increase 0.37% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 39.11 (%).Trend:Increase 4.32% than previous quarter

Overall: increasing (4.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue showed significant increases with high variations. Conversely, the SG&A expense ratio decreased slightly with low variation. Retained earnings on assets increased modestly, while earnings per share showed a significant increase.  Working capital efficiency and cost efficiency metrics exhibited substantial fluctuations.