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 21.43 (%).Trend:Decrease 24.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 59.4 (%).Trend:Increase 177.18% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.46 (%).Trend:Decrease 47.04% than previous quarter

Overall: increasing (46.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 90.51 (%).Trend:Decrease 27.31% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 256.76 (%).Trend:Increase 183.68% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 122.61 (%).Trend:Decrease 52.25% than previous quarter

Overall: increasing (35.47%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.38 (%).Trend:Decrease 1.39% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.47 (%).Trend:Decrease 4.95% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.35 (%).Trend:Decrease 0.69% than previous quarter

Overall: decreasing (-5.6%). 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
Earning Per Share
Year 2020 Quarter 3: Earning Per Share 4.34 (USD).Trend:Increase 58.39% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.94 (USD).Trend:Decrease 55.3% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.97 (USD).Trend:Increase 104.64% than previous quarter

Overall: decreasing (-8.53%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show significant fluctuations in working capital efficiency. Liabilities on revenue decreased 24.75% then increased 177.18%, followed by a decrease of 47.04%. Current assets on revenue decreased 27.31% in Q3 2020, increased significantly in Q1 2021, and then decreased in Q2 2021. Cost efficiency shows a consistent decrease in SG&A expense ratios, with little variation. Investment efficiency shows fluctuating earning per share with large increases and decreases. Overall, there's significant variation in all categories,  with some indicators increasing (working capital, current assets) and others decreasing (cost, investment).