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 87.55 (%).Trend:Decrease 47.05% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 64.52 (%).Trend:Decrease 26.3% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 141.26 (%).Trend:Increase 118.94% than previous quarter

Overall: increasing (61.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 99.58 (%).Trend:Decrease 44.04% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 75.53 (%).Trend:Decrease 24.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 190.65 (%).Trend:Increase 152.42% than previous quarter

Overall: increasing (91.45%). 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 267.01 (%).Trend:Decrease 44.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 181.82 (%).Trend:Decrease 31.91% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 787.66 (%).Trend:Increase 333.21% than previous quarter

Overall: increasing (194.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.31 (%).Trend:Increase 5.85% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.63 (%).Trend:Decrease 1.61% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.38 (%).Trend:Decrease 7.81% than previous quarter

Overall: decreasing (-9.29%). 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 48.03 (%).Trend:Increase 0.97% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 47.13 (%).Trend:Decrease 1.87% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 60.08 (%).Trend:Increase 27.48% than previous quarter

Overall: increasing (25.09%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.07 (USD).Trend:Increase 12.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.2 (USD).Trend:Increase 54.59% than previous quarter
Year 2021 Quarter 1: Earning Per Share 42.77 (USD).Trend:Increase 1236.56% than previous quarter

Overall: increasing (1966.18%). Fluctuation: **Significant** (high variation).



The review period (Q2 2020 - Q1 2021) shows significant increases in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue, indicating potential growth but also high variability.  Conversely, the SG&A expense ratio decreased, suggesting improved cost control.  Investment efficiency, measured by retained earnings on assets, increased moderately.  Earnings per share experienced a dramatic surge.