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 33.26 (%).Trend:Decrease 43.33% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22.47 (%).Trend:Decrease 32.44% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 56.31 (%).Trend:Increase 150.6% than previous quarter

Overall: increasing (69.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 71.61 (%).Trend:Decrease 46.46% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 49.18 (%).Trend:Decrease 31.32% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 119.74 (%).Trend:Increase 143.47% than previous quarter

Overall: increasing (67.21%). 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 35.59 (%).Trend:Decrease 48.38% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 24.63 (%).Trend:Decrease 30.8% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 85.68 (%).Trend:Increase 247.87% than previous quarter

Overall: increasing (140.74%). 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 22.34 (%).Trend:Decrease 3.08% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 24.08 (%).Trend:Increase 7.79% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 27.07 (%).Trend:Increase 12.42% than previous quarter

Overall: increasing (21.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 27.27% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.44 (USD).Trend:Increase 214.29% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 65.91% than previous quarter

Overall: increasing (7.14%). Fluctuation: **Significant** (high variation).



Working capital efficiency, liabilities on revenue, and current assets on revenue show significant fluctuation (high variation) throughout the three quarters, with increases and decreases.  Cost efficiency, measured by the ratio of retained earnings to revenue, also displays significant fluctuation, with sharp increases and decreases.  Investment efficiency, as measured by retained earnings on assets, shows little fluctuation (low variation). Earning per share exhibits significant fluctuation, with increases and decreases.