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 71.8 (%).Trend:Decrease 66.11% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 45.88 (%).Trend:Decrease 36.1% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 113.1 (%).Trend:Increase 146.51% than previous quarter

Overall: increasing (57.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 156.38 (%).Trend:Decrease 56.21% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 104.32 (%).Trend:Decrease 33.29% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 270.66 (%).Trend:Increase 159.45% than previous quarter

Overall: increasing (73.08%). 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 319.28 (%).Trend:Decrease 42.27% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 198.47 (%).Trend:Decrease 37.84% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 554.17 (%).Trend:Increase 179.22% than previous quarter

Overall: increasing (73.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.63 (%).Trend:Increase 6.8% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.24 (%).Trend:Decrease 6.83% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41.69 (%).Trend:Decrease 9.84% than previous quarter

Overall: decreasing (-16.0%). 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 40.64 (%).Trend:Increase 5.09% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 40.8 (%).Trend:Increase 0.39% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 42.61 (%).Trend:Increase 4.44% than previous quarter

Overall: increasing (4.85%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.0 (USD).Trend:Decrease 33.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.95 (USD).Trend:Decrease 147.5% than previous quarter

Overall: increasing (-131.67%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021,  there were significant increases in liabilities on revenue (57.52%), current assets on revenue (73.08%), and the ratio of retained earnings to revenue (73.57%), all with high variation.  The SG&A expense ratio decreased significantly (-16.0%), showing low variation.  Retained earnings on assets increased slightly (4.85%) with low variation.  Earnings per share showed a significant increase (-131.67%), with high variation.