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 66.47 (%).Trend:Decrease 52.53% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 51.67 (%).Trend:Decrease 22.27% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 188.06 (%).Trend:Increase 263.96% than previous quarter

Overall: increasing (182.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 91.51 (%).Trend:Decrease 52.17% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 69.62 (%).Trend:Decrease 23.92% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 392.33 (%).Trend:Increase 463.53% than previous quarter

Overall: increasing (328.73%). 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 111.94 (%).Trend:Decrease 53.02% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 71.0 (%).Trend:Decrease 36.57% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 192.34 (%).Trend:Increase 170.9% than previous quarter

Overall: increasing (71.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 56.45 (%).Trend:Increase 0.52% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 56.5 (%).Trend:Increase 0.09% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 63.65 (%).Trend:Increase 12.65% than previous quarter

Overall: increasing (12.75%). 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 54.07 (%).Trend:Decrease 1.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 50.04 (%).Trend:Decrease 7.45% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 32.56 (%).Trend:Decrease 34.93% than previous quarter

Overall: decreasing (-39.78%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q2 2020 to Q1 2021, liabilities on revenue increased significantly (182.92%), exhibiting high variation.  Current assets on revenue also increased substantially (328.73%), with significant fluctuation.  The ratio of retained earnings to revenue increased (71.82%), showing high variability.  The SG&A expense ratio increased moderately (12.75%), demonstrating low variation.  Retained earnings on assets decreased (-39.78%) with moderate fluctuation.