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 36.36 (%).Trend:Decrease 30.69% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 86.0 (%).Trend:Increase 136.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 52.37 (%).Trend:Decrease 39.1% than previous quarter

Overall: increasing (44.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 57.22 (%).Trend:Decrease 29.87% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 135.7 (%).Trend:Increase 137.15% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 70.95 (%).Trend:Decrease 47.72% than previous quarter

Overall: increasing (24.0%). 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 31.25 (%).Trend:Decrease 31.35% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 84.95 (%).Trend:Increase 171.84% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 45.52 (%).Trend:Decrease 46.42% than previous quarter

Overall: increasing (45.66%). 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 19.59 (%).Trend:Increase 6.99% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 22.42 (%).Trend:Increase 14.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.22 (%).Trend:Decrease 0.89% than previous quarter

Overall: increasing (13.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.35 (USD).Trend:Increase 98.53% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 45.93% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.52 (USD).Trend:Increase 108.22% than previous quarter

Overall: increasing (12.59%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show significant volatility in key performance indicators. Liabilities on revenue decreased in Q3 2020 and Q2 2021, with a surge in Q1 2021 before the decline. Current assets on revenue followed a similar pattern, rising sharply in Q1 2021, then dropping in Q2 and Q3. Cost efficiency (ratio of retained earnings to revenue) also showed significant fluctuations throughout the period. Investment efficiency, as measured by retained earnings on assets, exhibits a relatively stable pattern. Earnings per share (EPS) displayed significant increases and decreases over the reported quarters.