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 20.62 (%).Trend:Decrease 50.95% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 14.1 (%).Trend:Decrease 31.62% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 39.51 (%).Trend:Increase 180.21% than previous quarter

Overall: increasing (91.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 46.42 (%).Trend:Decrease 49.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 32.64 (%).Trend:Decrease 29.69% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 99.41 (%).Trend:Increase 204.56% than previous quarter

Overall: increasing (114.15%). 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 73.32 (%).Trend:Decrease 50.83% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 54.08 (%).Trend:Decrease 26.24% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 121.91 (%).Trend:Increase 125.43% than previous quarter

Overall: increasing (66.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.67 (%).Trend:Decrease 11.64% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.82 (%).Trend:Increase 1.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.1 (%).Trend:Decrease 21.99% than previous quarter

Overall: decreasing (-20.47%). Fluctuation: **Neutral** (moderate 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 56.68 (%).Trend:Increase 0.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 57.07 (%).Trend:Increase 0.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 54.29 (%).Trend:Decrease 4.87% than previous quarter

Overall: decreasing (-4.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.95 (USD).Trend:Increase 115.91% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.57 (USD).Trend:Decrease 40.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.71 (USD).Trend:Increase 200.0% than previous quarter

Overall: increasing (80.0%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, Liabilities on Revenue increased significantly (91.61%), as did Current assets on Revenue (114.15%), both showing high variation. Ratio of Retained Earnings to Revenue also increased significantly (66.27%) with high variation.  SG&A Expense Ratio decreased (-20.47%) with moderate fluctuation. Retained Earning on Assets decreased slightly (-4.22%) with low variation.  Earning Per Share increased significantly (80.0%) with high variation.