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 131.51 (%).Trend:Decrease 41.74% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.28 (%).Trend:Decrease 83.82% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 38.93 (%).Trend:Increase 82.94% than previous quarter

Overall: decreasing (-70.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 42.04 (%).Trend:Decrease 34.4% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 33.28 (%).Trend:Decrease 20.84% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 67.46 (%).Trend:Increase 102.7% than previous quarter

Overall: increasing (60.47%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.98 (%).Trend:Increase 13.69% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.23 (%).Trend:Increase 4.18% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.28 (%).Trend:Decrease 15.25% than previous quarter

Overall: decreasing (-11.71%). 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
Earning Per Share


Working capital efficiency exhibits significant fluctuation.  Liabilities on revenue declined sharply in 2020 then rose in Q1 2021, suggesting a volatile trend. Current assets on revenue increased over the same period, indicating changes in asset management. Cost efficiency shows a small overall decrease in the SG&A expense ratio, with only slight variations. This suggests a stable cost structure, despite the significant changes in working capital.