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 28.48 (%).Trend:Decrease 52.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.43 (%).Trend:Decrease 24.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 59.4 (%).Trend:Increase 177.18% than previous quarter

Overall: increasing (108.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 124.51 (%).Trend:Decrease 46.21% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 90.51 (%).Trend:Decrease 27.31% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 256.76 (%).Trend:Increase 183.68% than previous quarter

Overall: increasing (106.22%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.64 (%).Trend:Decrease 2.97% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.38 (%).Trend:Decrease 1.39% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.47 (%).Trend:Decrease 4.95% than previous quarter

Overall: decreasing (-6.28%). 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
Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.74 (USD).Trend:Increase 76.77% than previous quarter
Year 2020 Quarter 3: Earning Per Share 4.34 (USD).Trend:Increase 58.39% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.94 (USD).Trend:Decrease 55.3% than previous quarter

Overall: decreasing (-29.2%). Fluctuation: **Significant** (high variation).



Working capital efficiency demonstrates substantial fluctuations. Liabilities on revenue increased dramatically in Q1 2021, after significant decreases in Q2 and Q3 2020. Current assets on revenue also saw a substantial increase in Q1 2021, after a decline in the previous quarters.  Cost efficiency shows a consistent downward trend in SG&A expense ratios across the three quarters. Investment efficiency exhibits significant fluctuations in earnings per share, decreasing sharply in Q1 2021 after the increase in the preceding quarters.