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 26.79 (%).Trend:Decrease 49.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 19.8 (%).Trend:Decrease 26.09% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 57.89 (%).Trend:Increase 192.37% than previous quarter

Overall: increasing (116.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 52.77 (%).Trend:Decrease 48.84% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 38.6 (%).Trend:Decrease 26.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 104.36 (%).Trend:Increase 170.36% than previous quarter

Overall: increasing (97.76%). 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 41.41 (%).Trend:Decrease 59.34% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 28.55 (%).Trend:Decrease 31.06% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 86.05 (%).Trend:Increase 201.4% than previous quarter

Overall: increasing (107.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.86 (%).Trend:Increase 11.26% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.18 (%).Trend:Decrease 5.73% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.84 (%).Trend:Increase 5.9% than previous quarter

Overall: decreasing (-0.17%). 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 34.56 (%).Trend:Decrease 17.48% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 35.12 (%).Trend:Increase 1.62% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 39.38 (%).Trend:Increase 12.13% than previous quarter

Overall: increasing (13.95%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.03 (USD).Trend:Decrease 48.5% than previous quarter

Overall: increasing (3.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation, with liabilities on revenue increasing by 116.09% and current assets on revenue increasing by 97.76% across Q2 2020 to Q1 2021. Cost efficiency shows a slight decrease in the SG&A expense ratio (-0.17%), while the ratio of retained earnings to revenue saw a substantial increase (107.8%). Invest efficiency, measured by retained earnings on assets, is also increasing (13.95%), with little fluctuation. Earning per share shows a significant upward trend initially, increasing 100% from Q2 to Q3 2020, but then decreased by 48.5% in Q1 2021.