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 44.56 (%).Trend:Decrease 46.6% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 30.69 (%).Trend:Decrease 31.13% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 92.61 (%).Trend:Increase 201.76% than previous quarter

Overall: increasing (107.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 202.97 (%).Trend:Decrease 48.05% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 146.96 (%).Trend:Decrease 27.6% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 329.52 (%).Trend:Increase 124.22% than previous quarter

Overall: increasing (62.35%). 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 45.81 (%).Trend:Decrease 40.81% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 34.89 (%).Trend:Decrease 23.84% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 115.09 (%).Trend:Increase 229.87% than previous quarter

Overall: increasing (151.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 14.86 (%).Trend:Increase 13.78% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 16.41 (%).Trend:Increase 10.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 18.86 (%).Trend:Increase 14.93% than previous quarter

Overall: increasing (26.92%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.59 (USD).Trend:Increase 118.52% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.91 (USD).Trend:Increase 54.24% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 68.13% than previous quarter

Overall: decreasing (-50.85%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all showed significant increases with high fluctuations.  Retained earnings on assets increased steadily with moderate variation.  Earnings per share, however, decreased significantly, exhibiting high variation.  Data spans three quarters.