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 38.04 (%).Trend:Decrease 27.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 131.28 (%).Trend:Increase 245.11% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 59.45 (%).Trend:Decrease 54.72% than previous quarter

Overall: increasing (56.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 37.79 (%).Trend:Decrease 31.2% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 114.39 (%).Trend:Increase 202.7% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 51.22 (%).Trend:Decrease 55.22% than previous quarter

Overall: increasing (35.54%). 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 36.66 (%).Trend:Decrease 30.25% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 132.21 (%).Trend:Increase 260.64% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 64.84 (%).Trend:Decrease 50.96% than previous quarter

Overall: increasing (76.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.12 (%).Trend:Decrease 1.47% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.6 (%).Trend:Increase 15.38% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.54 (%).Trend:Decrease 5.7% than previous quarter

Overall: increasing (8.81%). 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 33.49 (%).Trend:Increase 1.86% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.67 (%).Trend:Increase 6.51% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 37.42 (%).Trend:Increase 4.91% than previous quarter

Overall: increasing (11.73%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2021, then decreased significantly in Q2 2021, before increasing slightly in Q2 2021.  Current assets on revenue also show significant fluctuation, increasing significantly in Q1 2021 before decreasing significantly in Q2 2021.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows significant increases and decreases throughout the period. The SG&A expense ratio shows little fluctuation, increasing slightly.  Investment efficiency shows little fluctuation, with retained earnings on assets increasing steadily.