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 30.49 (%).Trend:Decrease 31.85% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 106.89 (%).Trend:Increase 250.57% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 56.12 (%).Trend:Decrease 47.5% than previous quarter

Overall: increasing (84.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 47.29 (%).Trend:Decrease 35.87% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 173.18 (%).Trend:Increase 266.21% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 91.22 (%).Trend:Decrease 47.33% than previous quarter

Overall: increasing (92.89%). 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 121.47 (%).Trend:Decrease 32.09% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 432.75 (%).Trend:Increase 256.26% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 215.6 (%).Trend:Decrease 50.18% than previous quarter

Overall: increasing (77.49%). 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 128.12 (%).Trend:Increase 2.88% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 131.96 (%).Trend:Increase 3.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 129.69 (%).Trend:Decrease 1.72% than previous quarter

Overall: increasing (1.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.46 (USD).Trend:Decrease 54.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.12 (USD).Trend:Increase 143.48% than previous quarter

Overall: increasing (12.0%). Fluctuation: **Significant** (high variation).



Key financial ratios from Q3 2020 to Q2 2021 demonstrate substantial fluctuation. Liabilities and current assets on revenue increased by 84.06% and 92.89% respectively.  Ratio of retained earnings to revenue also saw significant growth (77.49%). However, earnings per share experienced a sharp initial decline before recovering significantly. Retained earnings on assets showed a small, consistent growth.  The analysis is limited by missing cost and investment efficiency data.