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 50.51 (%).Trend:Decrease 18.48% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 37.13 (%).Trend:Decrease 26.49% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 62.76 (%).Trend:Increase 69.03% than previous quarter

Overall: increasing (24.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 65.22 (%).Trend:Decrease 23.83% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 52.03 (%).Trend:Decrease 20.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 110.26 (%).Trend:Increase 111.92% than previous quarter

Overall: increasing (69.06%). 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 227.65 (%).Trend:Decrease 49.4% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 136.75 (%).Trend:Decrease 39.93% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 356.25 (%).Trend:Increase 160.51% than previous quarter

Overall: increasing (56.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.38 (%).Trend:Increase 1.73% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.14 (%).Trend:Decrease 11.56% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.96 (%).Trend:Decrease 12.72% than previous quarter

Overall: decreasing (-22.81%). 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 63.95 (%).Trend:Decrease 6.0% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 62.22 (%).Trend:Decrease 2.71% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 69.56 (%).Trend:Increase 11.8% than previous quarter

Overall: increasing (8.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.12 (USD).Trend:Increase 186.49% than previous quarter
Year 2020 Quarter 3: Earning Per Share 6.33 (USD).Trend:Increase 198.58% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.52 (USD).Trend:Decrease 44.39% than previous quarter

Overall: increasing (66.04%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue increased (24.25%), as did current assets on revenue (69.06%), both with significant fluctuation.  The ratio of retained earnings to revenue also increased (56.49%) with significant fluctuation. SG&A expense ratio decreased (-22.81%) with moderate variation. Retained earnings on assets increased (8.77%) with little fluctuation. Earnings per share increased (66.04%) with significant fluctuation.