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 33.3 (%).Trend:Decrease 30.74% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 121.17 (%).Trend:Increase 263.87% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.94 (%).Trend:Decrease 61.26% than previous quarter

Overall: increasing (40.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 94.38 (%).Trend:Decrease 30.16% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 291.23 (%).Trend:Increase 208.57% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 125.4 (%).Trend:Decrease 56.94% than previous quarter

Overall: increasing (32.87%). 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 44.64 (%).Trend:Decrease 26.13% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 143.45 (%).Trend:Increase 221.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 71.45 (%).Trend:Decrease 50.19% than previous quarter

Overall: increasing (60.06%). 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 8.93 (%).Trend:Increase 19.23% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.03 (%).Trend:Increase 12.32% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 10.43 (%).Trend:Increase 3.99% than previous quarter

Overall: increasing (16.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.49 (USD).Trend:Increase 71.72% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.7 (USD).Trend:Decrease 71.89% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.51 (USD).Trend:Increase 115.71% than previous quarter

Overall: decreasing (-39.36%). Fluctuation: **Significant** (high variation).



The financial statements show significant fluctuations in working capital efficiency, cost efficiency, and investment efficiency metrics from Q3 2020 to Q2 2021. Liabilities on revenue increased dramatically in Q1 2021 before decreasing in Q2 2021, exhibiting substantial volatility. Current assets on revenue also showed high variation, increasing significantly in Q1 2021 before decreasing in Q2 2021.  The ratio of retained earnings to revenue demonstrates similar trends of considerable increases and decreases across the periods.  Investment efficiency, as measured by retained earnings on assets, shows a more stable increasing trend. Earnings per share, however, display substantial volatility, experiencing a significant decrease in Q1 2021 after a prior increase.