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 40.21 (%).Trend:Decrease 45.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.12 (%).Trend:Decrease 20.12% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.36 (%).Trend:Increase 140.85% than previous quarter

Overall: increasing (92.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 91.02 (%).Trend:Decrease 48.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 67.47 (%).Trend:Decrease 25.87% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 194.1 (%).Trend:Increase 187.68% than previous quarter

Overall: increasing (113.25%). 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 39.62 (%).Trend:Decrease 50.35% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 27.74 (%).Trend:Decrease 29.98% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 94.83 (%).Trend:Increase 241.85% than previous quarter

Overall: increasing (139.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 36.63 (%).Trend:Decrease 2.37% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 34.58 (%).Trend:Decrease 5.6% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 39.79 (%).Trend:Increase 15.07% than previous quarter

Overall: increasing (8.63%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 92.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.3 (USD).Trend:Increase 30.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.51 (USD).Trend:Decrease 60.77% than previous quarter

Overall: decreasing (-49.0%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 illustrate substantial volatility. Liabilities and current assets on revenue increased significantly but with considerable quarter-to-quarter fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibited a marked overall increase with high volatility. Investment efficiency displayed a small overall increase with a low variation. Earnings per share decreased overall, with noticeable quarter-to-quarter variations.