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 15.11 (%).Trend:Decrease 32.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.9 (%).Trend:Increase 217.01% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 25.02 (%).Trend:Decrease 47.77% than previous quarter

Overall: increasing (65.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 24.47 (%).Trend:Decrease 30.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 70.99 (%).Trend:Increase 190.11% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 36.01 (%).Trend:Decrease 49.27% than previous quarter

Overall: increasing (47.16%). 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 36.83 (%).Trend:Decrease 35.24% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 93.19 (%).Trend:Increase 153.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 44.51 (%).Trend:Decrease 52.24% than previous quarter

Overall: increasing (20.85%). 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 84.61 (%).Trend:Decrease 3.41% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 79.99 (%).Trend:Decrease 5.46% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 77.9 (%).Trend:Decrease 2.61% than previous quarter

Overall: decreasing (-7.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.29 (USD).Trend:Decrease 35.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.74 (USD).Trend:Increase 112.4% than previous quarter

Overall: increasing (37.0%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2020 to Q2 2021, working capital efficiency shows substantial variation in liabilities and current assets on revenue. Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibits significant fluctuation.  Investment efficiency trends downward slightly with retained earnings on assets, exhibiting little fluctuation. Earnings per share also demonstrates significant fluctuation with an increasing trend. The data reflects a period of considerable financial volatility.