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 38.02 (%).Trend:Decrease 48.45% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22.93 (%).Trend:Decrease 39.69% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.18 (%).Trend:Increase 219.15% than previous quarter

Overall: increasing (92.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 69.99 (%).Trend:Decrease 46.34% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.33 (%).Trend:Decrease 36.66% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 127.01 (%).Trend:Increase 186.51% than previous quarter

Overall: increasing (81.47%). 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 21.1 (%).Trend:Decrease 45.79% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 16.24 (%).Trend:Decrease 23.03% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 55.42 (%).Trend:Increase 241.26% than previous quarter

Overall: increasing (162.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.48 (%).Trend:Decrease 8.0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.25 (%).Trend:Decrease 3.07% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.68 (%).Trend:Increase 5.93% than previous quarter

Overall: increasing (2.67%). 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 7.21 (%).Trend:Increase 11.96% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 8.45 (%).Trend:Increase 17.2% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.12 (%).Trend:Increase 19.76% than previous quarter

Overall: increasing (40.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.31 (USD).Trend:Increase 263.89% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.75 (USD).Trend:Increase 109.92% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 64.73% than previous quarter

Overall: decreasing (-25.95%). Fluctuation: **Significant** (high variation).



The period from Q2 2020 to Q1 2021 displays substantial increases in liabilities on revenue (92.48%), current assets on revenue (81.47%), and the ratio of retained earnings to revenue (162.65%), all with significant fluctuation.  In contrast, SG&A expense growth was minimal (2.67%) and showed little variation. Retained earnings on assets grew moderately (40.36%). Earnings per share saw a considerable decrease (-25.95%) with significant fluctuation.