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 31.56 (%).Trend:Decrease 47.43% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 102.65 (%).Trend:Increase 225.25% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.38 (%).Trend:Decrease 52.87% than previous quarter

Overall: increasing (53.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 40.68 (%).Trend:Decrease 34.83% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 177.34 (%).Trend:Increase 335.94% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.17 (%).Trend:Decrease 57.05% than previous quarter

Overall: increasing (87.24%). 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 31.72 (%).Trend:Decrease 31.33% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 132.63 (%).Trend:Increase 318.13% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 58.07 (%).Trend:Decrease 56.22% than previous quarter

Overall: increasing (83.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.94 (%).Trend:Increase 1.73% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.85 (%).Trend:Decrease 0.7% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.8 (%).Trend:Decrease 8.17% than previous quarter

Overall: decreasing (-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 31.04 (%).Trend:Increase 2.14% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 30.41 (%).Trend:Decrease 2.03% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 31.1 (%).Trend:Increase 2.27% than previous quarter

Overall: increasing (0.19%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2020 to Q2 2021 indicates considerable volatility in working capital efficiency, with both liabilities and current assets on revenue exhibiting a mixed pattern of increases and decreases. Cost efficiency reveals a significant increase in the ratio of retained earnings to revenue, yet substantial fluctuations exist.  SG&A expenses show a modest decrease overall.  Investment efficiency, however, demonstrates very little fluctuation in retained earnings on assets.