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 759.96 (%).Trend:Decrease 21.78% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 4739.17 (%).Trend:Increase 523.61% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 1411.46 (%).Trend:Decrease 70.22% than previous quarter

Overall: increasing (85.73%). 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 1.24 (%).Trend:Increase 14.81% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 1.55 (%).Trend:Increase 25.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 1.85 (%).Trend:Increase 19.35% than previous quarter

Overall: increasing (49.19%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.12 (USD).Trend:Increase 71.43% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.08 (USD).Trend:Decrease 33.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.18 (USD).Trend:Increase 125.0% than previous quarter

Overall: increasing (50.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 present a complex picture.  Retained earnings to revenue fluctuated greatly, initially declining then rising sharply and dropping again.  Retained earnings on assets exhibited a consistent upward trend, with each quarter showing an increase.  Earnings per share also trended upward, with notable spikes and dips during the reporting period.  The results suggest positive asset efficiency and profitability improvements, but the substantial variance in the retained earnings to revenue metric necessitates a deeper investigation.