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 37.13 (%).Trend:Decrease 26.49% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 62.76 (%).Trend:Increase 69.03% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 29.43 (%).Trend:Decrease 53.11% than previous quarter

Overall: decreasing (-20.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 52.03 (%).Trend:Decrease 20.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 110.26 (%).Trend:Increase 111.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 40.72 (%).Trend:Decrease 63.07% than previous quarter

Overall: decreasing (-21.74%). 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 136.75 (%).Trend:Decrease 39.93% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 356.25 (%).Trend:Increase 160.51% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 194.42 (%).Trend:Decrease 45.43% than previous quarter

Overall: increasing (42.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.14 (%).Trend:Decrease 11.56% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.96 (%).Trend:Decrease 12.72% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.86 (%).Trend:Increase 6.02% than previous quarter

Overall: decreasing (-7.47%). 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 62.22 (%).Trend:Decrease 2.71% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 69.56 (%).Trend:Increase 11.8% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 79.67 (%).Trend:Increase 14.53% than previous quarter

Overall: increasing (28.05%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 6.33 (USD).Trend:Increase 198.58% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.52 (USD).Trend:Decrease 44.39% than previous quarter
Year 2021 Quarter 2: Earning Per Share 8.52 (USD).Trend:Increase 142.05% than previous quarter

Overall: increasing (34.6%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities on revenue decreased overall (-20.74%), while current assets on revenue also decreased (-21.74%), both exhibiting significant fluctuation.  The ratio of retained earnings to revenue increased (42.17%), with significant fluctuation. SG&A expense ratio decreased (-7.47%) with little fluctuation. Retained earnings on assets increased (28.05%) with neutral fluctuation, and earnings per share increased (34.6%) with significant fluctuation.