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 108.08 (%).Trend:Decrease 41.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 262.58 (%).Trend:Increase 142.95% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 125.08 (%).Trend:Decrease 52.36% than previous quarter

Overall: increasing (15.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 119.57 (%).Trend:Decrease 41.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 282.42 (%).Trend:Increase 136.2% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 138.12 (%).Trend:Decrease 51.09% than previous quarter

Overall: increasing (15.51%). 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 39.06 (%).Trend:Decrease 33.85% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 120.37 (%).Trend:Increase 208.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 63.21 (%).Trend:Decrease 47.49% than previous quarter

Overall: increasing (61.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.58 (%).Trend:Decrease 14.77% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.2 (%).Trend:Decrease 5.78% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.57 (%).Trend:Increase 5.97% than previous quarter

Overall: decreasing (-0.15%). 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 12.16 (%).Trend:Increase 15.04% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 14.68 (%).Trend:Increase 20.72% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 15.64 (%).Trend:Increase 6.54% than previous quarter

Overall: increasing (28.62%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.41 (USD).Trend:Decrease 717.95% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.06 (USD).Trend:Decrease 14.52% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.98 (USD).Trend:Increase 93.2% than previous quarter

Overall: increasing (65.15%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 display significant volatility.  Liabilities and current assets on revenue showed an upward trend, albeit with substantial fluctuations. The ratio of retained earnings to revenue increased markedly in Q1 2021 after a prior decline. The SG&A expense ratio was relatively stable overall.  Retained earnings on assets demonstrated a moderate increase, with neutral fluctuation. Earnings per share fluctuated greatly over the period, including drastic declines followed by moderate recovery.