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 65.53 (%).Trend:Decrease 51.78% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 41.59 (%).Trend:Decrease 36.53% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 132.87 (%).Trend:Increase 219.48% than previous quarter

Overall: increasing (102.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 131.96 (%).Trend:Decrease 56.03% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 84.24 (%).Trend:Decrease 36.16% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 217.77 (%).Trend:Increase 158.51% than previous quarter

Overall: increasing (65.03%). 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 45.96 (%).Trend:Decrease 53.32% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 29.91 (%).Trend:Decrease 34.92% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 49.98 (%).Trend:Increase 67.1% than previous quarter

Overall: increasing (8.75%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.2 (%).Trend:Decrease 18.54% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.18 (%).Trend:Decrease 3.75% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.36 (%).Trend:Increase 4.51% than previous quarter

Overall: increasing (0.59%). 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 17.31 (%).Trend:Increase 6.07% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 17.83 (%).Trend:Increase 3.0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.78 (%).Trend:Decrease 39.54% than previous quarter

Overall: decreasing (-37.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q2 2020 to Q1 2021, Liabilities on Revenue and Current Assets on Revenue showed significant increases (102.76% and 65.03%, respectively), with substantial fluctuations.  The Ratio of Retained Earnings to Revenue also increased (8.75%), but with moderate variation.  The SG&A Expense Ratio showed a slight increase (0.59%), exhibiting low variation.  Retained Earnings on Assets decreased (-37.72%) with moderate fluctuation.