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 104.24 (%).Trend:Decrease 36.94% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 68.51 (%).Trend:Decrease 34.28% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 155.78 (%).Trend:Increase 127.38% than previous quarter

Overall: increasing (49.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 127.23 (%).Trend:Decrease 55.54% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 89.97 (%).Trend:Decrease 29.29% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 236.44 (%).Trend:Increase 162.8% than previous quarter

Overall: increasing (85.84%). 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 212.28 (%).Trend:Decrease 40.27% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 125.61 (%).Trend:Decrease 40.83% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 270.03 (%).Trend:Increase 114.97% than previous quarter

Overall: increasing (27.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 59.77 (%).Trend:Increase 16.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.06 (%).Trend:Decrease 12.9% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.38 (%).Trend:Decrease 14.75% than previous quarter

Overall: decreasing (-25.75%). Fluctuation: **Neutral** (moderate 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 47.63 (%).Trend:Decrease 3.56% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 46.59 (%).Trend:Decrease 2.18% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 47.66 (%).Trend:Increase 2.3% than previous quarter

Overall: increasing (0.06%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 18.78 (USD).Trend:Decrease 2.8% than previous quarter
Year 2020 Quarter 3: Earning Per Share 20.54 (USD).Trend:Increase 9.37% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.54 (USD).Trend:Decrease 87.63% than previous quarter

Overall: decreasing (-86.47%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, Liabilities on Revenue and Current Assets on Revenue increased significantly, showing substantial fluctuations. The Ratio of Retained Earnings to Revenue also increased, though with significant variation. The SG&A Expense Ratio decreased with moderate fluctuation.  Retained Earnings on Assets showed little change.  Earning Per Share decreased drastically with high variation.