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 37.4 (%).Trend:Decrease 37.73% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 83.43 (%).Trend:Increase 123.07% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.97 (%).Trend:Decrease 50.89% than previous quarter

Overall: increasing (9.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 88.35 (%).Trend:Decrease 45.32% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 243.58 (%).Trend:Increase 175.7% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 128.51 (%).Trend:Decrease 47.24% than previous quarter

Overall: increasing (45.46%). 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 41.96 (%).Trend:Decrease 36.47% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 131.93 (%).Trend:Increase 214.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 71.25 (%).Trend:Decrease 45.99% than previous quarter

Overall: increasing (69.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.71 (%).Trend:Decrease 9.63% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.54 (%).Trend:Decrease 8.41% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.19 (%).Trend:Increase 1.88% than previous quarter

Overall: decreasing (-6.68%). 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
Year 2020 Quarter 3: Retained Earning on Assets 26.01 (%).Trend:Increase 14.94% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 31.38 (%).Trend:Increase 20.65% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 32.96 (%).Trend:Increase 5.04% than previous quarter

Overall: increasing (26.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.25 (USD).Trend:Decrease 115.24% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.96 (USD).Trend:Increase 684.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.59 (USD).Trend:Increase 83.16% than previous quarter

Overall: increasing (1336.0%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased significantly, demonstrating high variation. The SG&A expense ratio slightly decreased with minimal variation.  Retained earnings on assets increased steadily with moderate fluctuation. Earnings per share showed a massive increase with high variability.