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 57.13 (%).Trend:Decrease 45.92% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.12 (%).Trend:Decrease 31.52% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 106.35 (%).Trend:Increase 171.86% than previous quarter

Overall: increasing (86.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 67.48 (%).Trend:Decrease 40.79% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 43.36 (%).Trend:Decrease 35.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 111.88 (%).Trend:Increase 158.03% than previous quarter

Overall: increasing (65.8%). 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 23.73 (%).Trend:Decrease 46.96% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 17.4 (%).Trend:Decrease 26.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 55.9 (%).Trend:Increase 221.26% than previous quarter

Overall: increasing (135.57%). 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 15.1 (%).Trend:Decrease 1.05% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 16.06 (%).Trend:Increase 6.36% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 18.78 (%).Trend:Increase 16.94% than previous quarter

Overall: increasing (24.37%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 15.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 28.0 (USD).Trend:Increase 86.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 16.09 (USD).Trend:Decrease 42.54% than previous quarter

Overall: increasing (7.27%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, significant increases were observed in liabilities on revenue (86.15%), current assets on revenue (65.8%), and ratio of retained earnings to revenue (135.57%).  Earnings per share also increased (7.27%), although with significant fluctuation.  Retained earnings on assets showed a moderate increase (24.37%), indicating stable growth.  The data points towards a period of growth but with considerable volatility in certain key performance indicators.