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).



Financial analysis indicates substantial fluctuation across various metrics. Working capital efficiency shows significant volatility in liabilities and current assets on revenue. Cost efficiency reveals a stable SG&A expense ratio, but a substantial increase and decrease in the ratio of retained earnings to revenue. Investment efficiency displays little fluctuation in retained earnings on assets. Earnings per share demonstrates notable ups and downs, indicating potential inconsistencies in profitability.