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).



Financial data from Q3 2020 to Q2 2021 indicates significant fluctuation in working capital efficiency metrics. Liabilities and current assets on revenue increased substantially, with large quarter-to-quarter swings. The ratio of retained earnings to revenue followed a similar pattern.  The SG&A expense ratio decreased overall, showing moderate fluctuation. Retained earnings on assets showed minor increases, while earnings per share had significant fluctuations, increasing overall.