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 60.05 (%).Trend:Decrease 29.64% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 143.9 (%).Trend:Increase 139.63% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 81.93 (%).Trend:Decrease 43.06% than previous quarter

Overall: increasing (36.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 83.16 (%).Trend:Decrease 32.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 189.49 (%).Trend:Increase 127.86% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 104.05 (%).Trend:Decrease 45.09% than previous quarter

Overall: increasing (25.12%). 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 52.99 (%).Trend:Decrease 30.63% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 129.14 (%).Trend:Increase 143.71% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 74.92 (%).Trend:Decrease 41.99% than previous quarter

Overall: increasing (41.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.17 (%).Trend:Decrease 2.48% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.02 (%).Trend:Increase 2.35% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.41 (%).Trend:Decrease 1.65% than previous quarter

Overall: increasing (0.66%). 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 34.26 (%).Trend:Increase 2.91% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 36.24 (%).Trend:Increase 5.78% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 37.84 (%).Trend:Increase 4.42% than previous quarter

Overall: increasing (10.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 5.51 (USD).Trend:Increase 63.02% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.83 (USD).Trend:Decrease 48.64% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.59 (USD).Trend:Increase 97.53% than previous quarter

Overall: increasing (1.45%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, working capital efficiency metrics (liabilities and current assets on revenue) increased significantly, displaying high variability.  The ratio of retained earnings to revenue also increased substantially.  SG&A expenses showed little change. Investment efficiency showed consistent growth, while earnings per share demonstrated slight overall growth with significant fluctuations.