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 51.1 (%).Trend:Decrease 32.26% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 110.22 (%).Trend:Increase 115.69% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.22 (%).Trend:Decrease 49.9% than previous quarter

Overall: increasing (8.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 40.23 (%).Trend:Decrease 35.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 84.15 (%).Trend:Increase 109.17% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 39.79 (%).Trend:Decrease 52.72% than previous quarter

Overall: decreasing (-1.09%). 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 28.46 (%).Trend:Decrease 30.97% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 96.78 (%).Trend:Increase 240.06% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 48.54 (%).Trend:Decrease 49.85% than previous quarter

Overall: increasing (70.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.77 (%).Trend:Decrease 3.29% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.8 (%).Trend:Decrease 8.24% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.98 (%).Trend:Decrease 7.59% than previous quarter

Overall: decreasing (-15.21%). Fluctuation: **Little** (low variation).


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 15.27 (%).Trend:Increase 5.75% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 19.32 (%).Trend:Increase 26.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 19.79 (%).Trend:Increase 2.43% than previous quarter

Overall: increasing (29.6%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 11.77 (USD).Trend:Increase 47.86% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.33 (USD).Trend:Decrease 71.71% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.62 (USD).Trend:Increase 128.83% than previous quarter

Overall: decreasing (-35.26%). Fluctuation: **Significant** (high variation).



Q3 2020 to Q2 2021 data reveals significant volatility.  Liabilities on revenue showed a small overall increase (8.06%), but current assets on revenue decreased slightly (-1.09%). Ratio of retained earnings to revenue increased substantially (70.56%), while SG&A expenses decreased notably (-15.21%). Retained earnings on assets increased moderately (29.6%), while earnings per share decreased significantly (-35.26%). This suggests inconsistent financial performance.