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 43.55 (%).Trend:Decrease 26.5% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 133.35 (%).Trend:Increase 206.2% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 68.53 (%).Trend:Decrease 48.61% than previous quarter

Overall: increasing (57.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 71.7 (%).Trend:Decrease 49.53% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 243.47 (%).Trend:Increase 239.57% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 131.77 (%).Trend:Decrease 45.88% than previous quarter

Overall: increasing (83.78%). 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 175.41 (%).Trend:Decrease 35.38% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 572.57 (%).Trend:Increase 226.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 242.96 (%).Trend:Decrease 57.57% than previous quarter

Overall: increasing (38.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.98 (%).Trend:Increase 7.28% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.55 (%).Trend:Decrease 7.95% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.04 (%).Trend:Decrease 15.17% than previous quarter

Overall: decreasing (-21.91%). Fluctuation: **Neutral** (moderate 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 64.75 (%).Trend:Increase 8.93% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 66.08 (%).Trend:Increase 2.05% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 64.8 (%).Trend:Decrease 1.94% than previous quarter

Overall: increasing (0.08%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.22 (USD).Trend:Increase 27.08% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.4 (USD).Trend:Decrease 67.21% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.95 (USD).Trend:Increase 387.5% than previous quarter

Overall: increasing (59.84%). Fluctuation: **Significant** (high variation).



The period from Q3 2020 to Q2 2021 showcases fluctuating financial performance.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased significantly.  The SG&A expense ratio decreased, indicating improved cost control. Retained earnings on assets showed minimal change, while earnings per share increased substantially.