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 37.37 (%).Trend:Decrease 38.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 27.67 (%).Trend:Decrease 25.96% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 76.99 (%).Trend:Increase 178.24% than previous quarter

Overall: increasing (106.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 65.78 (%).Trend:Decrease 38.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 48.72 (%).Trend:Decrease 25.93% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 134.01 (%).Trend:Increase 175.06% than previous quarter

Overall: increasing (103.72%). 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 1.14 (%).Trend:Decrease 23.49% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 1.12 (%).Trend:Decrease 1.75% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 1.21 (%).Trend:Increase 8.04% than previous quarter

Overall: increasing (6.14%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.29 (%).Trend:Increase 1.45% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.61 (%).Trend:Increase 0.99% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.25 (%).Trend:Decrease 7.24% than previous quarter

Overall: decreasing (-6.32%). 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 1.24 (%).Trend:Increase 25.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 1.67 (%).Trend:Increase 34.68% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 0.66 (%).Trend:Decrease 60.48% than previous quarter

Overall: decreasing (-46.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.2 (USD).Trend:Increase 51.9% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.88 (USD).Trend:Increase 56.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.99 (USD).Trend:Decrease 47.34% than previous quarter

Overall: decreasing (-17.5%). Fluctuation: **Significant** (high variation).



Working capital efficiency, assessed from Q2 2020 to Q1 2021, shows significant fluctuations. Liabilities on revenue increased substantially in Q1 2021, after declining in the preceding quarters. Current assets on revenue also experienced significant swings. Cost efficiency reveals a slight decrease in SG&A expense ratio. The ratio of retained earnings to revenue displayed small increases and decreases.  Investment efficiency, however, demonstrated a considerable decrease in retained earnings on assets. Earning per share also saw significant fluctuations.