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 80.37 (%).Trend:Decrease 32.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 206.84 (%).Trend:Increase 157.36% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 106.11 (%).Trend:Decrease 48.7% than previous quarter

Overall: increasing (32.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 90.45 (%).Trend:Decrease 25.68% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 245.17 (%).Trend:Increase 171.06% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 118.71 (%).Trend:Decrease 51.58% than previous quarter

Overall: increasing (31.24%). 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 45.09 (%).Trend:Decrease 30.34% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 125.67 (%).Trend:Increase 178.71% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 64.56 (%).Trend:Decrease 48.63% than previous quarter

Overall: increasing (43.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.64 (%).Trend:Decrease 1.05% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.67 (%).Trend:Increase 2.67% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.45 (%).Trend:Decrease 0.55% than previous quarter

Overall: increasing (2.1%). 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 5.56 (%).Trend:Increase 5.7% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 5.65 (%).Trend:Increase 1.62% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 5.9 (%).Trend:Increase 4.42% than previous quarter

Overall: increasing (6.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 34.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.56 (USD).Trend:Increase 136.36% than previous quarter

Overall: increasing (56.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2020 to Q2 2021 reveal significant volatility across key metrics. Working capital efficiency shows substantial fluctuation in liabilities and current assets on revenue, increasing overall.  Cost efficiency, measured by the ratio of retained earnings to revenue, also displays high volatility, increasing in the period. Selling, general, and administrative (SG&A) expenses show limited fluctuation, while investment efficiency (retained earnings on assets) displays little volatility and consistent growth. Earnings per share show a significant increase overall, but with considerable quarter-to-quarter variation.