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 72.77 (%).Trend:Decrease 33.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 211.21 (%).Trend:Increase 190.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 104.5 (%).Trend:Decrease 50.52% than previous quarter

Overall: increasing (43.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 95.93 (%).Trend:Decrease 21.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 324.97 (%).Trend:Increase 238.76% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 105.18 (%).Trend:Decrease 67.63% than previous quarter

Overall: increasing (9.64%). 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 107.6 (%).Trend:Decrease 31.01% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 325.51 (%).Trend:Increase 202.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 156.51 (%).Trend:Decrease 51.92% than previous quarter

Overall: increasing (45.46%). 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 40.84 (%).Trend:Increase 0.86% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 41.5 (%).Trend:Increase 1.62% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 43.98 (%).Trend:Increase 5.98% than previous quarter

Overall: increasing (7.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.78 (USD).Trend:Increase 43.73% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.43 (USD).Trend:Decrease 62.17% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.14 (USD).Trend:Increase 49.65% than previous quarter

Overall: decreasing (-43.39%). Fluctuation: **Significant** (high variation).



Working capital efficiency demonstrates substantial quarter-to-quarter variation. Liabilities on revenue decreased from Q3 2020 to Q2 2021, sharply increased in Q1 2021, then decreased again in Q2 2021. Current assets on revenue followed a similar pattern of decrease to increase. Cost efficiency, as measured by retained earnings to revenue, displays a trend of increase, but with significant volatility across quarters. Investment efficiency, as gauged by retained earnings on assets, shows little variation. Earnings per share exhibit a substantial decrease with significant volatility.