Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 1235.6 (%).Trend:Decrease 32.52% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 3606.7 (%).Trend:Increase 191.9% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 1965.41 (%).Trend:Decrease 45.51% than previous quarter

Overall: increasing (59.07%). 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 21.52 (%).Trend:Increase 5.85% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 24.59 (%).Trend:Increase 14.27% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 27.12 (%).Trend:Increase 10.29% than previous quarter

Overall: increasing (26.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 5.56 (USD).Trend:Increase 45.55% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.01 (USD).Trend:Decrease 45.86% than previous quarter
Year 2021 Quarter 2: Earning Per Share 6.13 (USD).Trend:Increase 103.65% than previous quarter

Overall: increasing (10.25%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2020 to Q2 2021 reveals trends in retained earnings, investment efficiency, and earnings per share.  The ratio of retained earnings to revenue increased overall (59.07%) but with substantial volatility. Investment efficiency demonstrates a steady increase (26.02%), displaying moderate variation. Earnings per share also show growth (10.25%) yet fluctuate significantly.  Working capital and cost efficiency, along with liabilities on revenue, are also noted.