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 42.52 (%).Trend:Decrease 35.74% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.49 (%).Trend:Decrease 37.7% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 65.67 (%).Trend:Increase 147.9% than previous quarter

Overall: increasing (54.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 131.0 (%).Trend:Decrease 41.04% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 93.29 (%).Trend:Decrease 28.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 252.28 (%).Trend:Increase 170.43% than previous quarter

Overall: increasing (92.58%). 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 191.38 (%).Trend:Decrease 46.69% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 133.21 (%).Trend:Decrease 30.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 403.02 (%).Trend:Increase 202.54% than previous quarter

Overall: increasing (110.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.37 (%).Trend:Increase 4.03% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.86 (%).Trend:Decrease 1.8% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.19 (%).Trend:Decrease 2.4% than previous quarter

Overall: decreasing (-4.16%). 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 61.18 (%).Trend:Decrease 8.26% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 62.57 (%).Trend:Increase 2.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 67.97 (%).Trend:Increase 8.63% than previous quarter

Overall: increasing (11.1%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.3 (USD).Trend:Decrease 79.87% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.83 (USD).Trend:Increase 176.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.54 (USD).Trend:Decrease 34.94% than previous quarter

Overall: increasing (80.0%). Fluctuation: **Significant** (high variation).



The period from Q2 2020 to Q1 2021 saw significant increases in liabilities on revenue (54.44%), current assets on revenue (92.58%), and the ratio of retained earnings to revenue (110.59%), accompanied by considerable fluctuation.  Conversely, the SG&A expense ratio decreased slightly (-4.16%), showing minimal change. Retained earnings on assets increased modestly (11.1%), whereas earnings per share showed a substantial increase (80.0%), indicating high volatility.