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 54.38 (%).Trend:Decrease 33.51% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.86 (%).Trend:Decrease 26.7% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 90.88 (%).Trend:Increase 128.0% than previous quarter

Overall: increasing (67.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 97.79 (%).Trend:Decrease 20.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 65.29 (%).Trend:Decrease 33.23% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 144.91 (%).Trend:Increase 121.95% than previous quarter

Overall: increasing (48.18%). 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 105.36 (%).Trend:Decrease 35.71% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 63.02 (%).Trend:Decrease 40.19% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 135.33 (%).Trend:Increase 114.74% than previous quarter

Overall: increasing (28.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 58.81 (%).Trend:Increase 8.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 53.32 (%).Trend:Decrease 9.34% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 46.41 (%).Trend:Decrease 12.96% than previous quarter

Overall: decreasing (-21.08%). Fluctuation: **Neutral** (moderate 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 46.83 (%).Trend:Decrease 8.45% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 45.67 (%).Trend:Decrease 2.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 45.19 (%).Trend:Decrease 1.05% than previous quarter

Overall: decreasing (-3.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.6 (USD).Trend:Increase 1677.78% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.51 (USD).Trend:Increase 119.37% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.07 (USD).Trend:Decrease 41.03% than previous quarter

Overall: increasing (29.37%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows a significant increase in both liabilities on revenue (67.12%) and current assets on revenue (48.18%) across three quarters.  Cost efficiency exhibits a significant decline in the SG&A expense ratio (-21.08%) but a notable increase in the ratio of retained earnings to revenue (28.45%).  Investment efficiency shows a slight decrease in retained earnings on assets (-3.5%) with low variation. Earnings per share show a mixed trend of increases and decreases, overall increasing by 29.37%, with significant fluctuations.