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 17.94 (%).Trend:Decrease 12.83% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 48.76 (%).Trend:Increase 171.79% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 27.12 (%).Trend:Decrease 44.38% than previous quarter

Overall: increasing (51.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 33.11 (%).Trend:Decrease 45.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 90.92 (%).Trend:Increase 174.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 46.85 (%).Trend:Decrease 48.47% than previous quarter

Overall: increasing (41.5%). 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 32.54 (%).Trend:Decrease 32.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 95.04 (%).Trend:Increase 192.07% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 46.07 (%).Trend:Decrease 51.53% than previous quarter

Overall: increasing (41.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.54 (%).Trend:Decrease 0.85% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.41 (%).Trend:Increase 27.23% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.09 (%).Trend:Decrease 9.84% than previous quarter

Overall: increasing (14.71%). 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 28.25 (%).Trend:Increase 8.4% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 31.51 (%).Trend:Increase 11.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 32.22 (%).Trend:Increase 2.25% than previous quarter

Overall: increasing (14.05%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2020 to Q2 2021 reveal a mixed picture. Liabilities and current assets on revenue demonstrate significant fluctuations, rising and falling across quarters. The retained earnings-to-revenue ratio also showed considerable fluctuation, increasing over the period. Selling, General & Administrative (SG&A) expense ratio displays a moderate increase with fluctuating trends. Investment efficiency shows a steady rise in retained earnings on assets.