Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 3: Liabilities on Revenue 26.47 (%).Trend:Decrease 36.7% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.84 (%).Trend:Increase 178.96% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.09 (%).Trend:Decrease 48.42% than previous quarter

Overall: increasing (43.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 58.96 (%).Trend:Decrease 28.96% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 185.28 (%).Trend:Increase 214.25% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.61 (%).Trend:Decrease 48.4% than previous quarter

Overall: increasing (62.16%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 21.46 (%).Trend:Decrease 16.92% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 76.19 (%).Trend:Increase 255.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 41.17 (%).Trend:Decrease 45.96% than previous quarter

Overall: increasing (91.85%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 3: Retained Earning on Assets 32.4 (%).Trend:Increase 18.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 37.88 (%).Trend:Increase 16.91% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 39.98 (%).Trend:Increase 5.54% than previous quarter

Overall: increasing (23.4%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q3 2020 to Q2 2021, financial performance reveals marked variations. Liabilities on revenue display an overall increasing trend, but with considerable fluctuations, reaching an increase of 43.9% despite significant declines in subsequent quarters.  A similar pattern is observed in current assets on revenue, increasing by 62.16% overall, but again demonstrating substantial volatility.  Cost efficiency, measured by retained earnings to revenue, shows a notable increase of 91.85% despite negative trends in intervening quarters.  Investment efficiency maintains a steady increasing trend, though with more moderate fluctuations.