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 43.7 (%).Trend:Decrease 49.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 97.47 (%).Trend:Increase 123.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.76 (%).Trend:Decrease 53.05% than previous quarter

Overall: increasing (4.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81.31 (%).Trend:Decrease 42.69% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 205.05 (%).Trend:Increase 152.18% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.08 (%).Trend:Decrease 53.63% than previous quarter

Overall: increasing (16.94%). 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 99.29 (%).Trend:Decrease 37.79% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 219.91 (%).Trend:Increase 121.48% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 101.49 (%).Trend:Decrease 53.85% than previous quarter

Overall: increasing (2.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.68 (%).Trend:Decrease 6.13% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.15 (%).Trend:Decrease 4.29% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.92 (%).Trend:Decrease 3.6% than previous quarter

Overall: decreasing (-7.74%). 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 50.87 (%).Trend:Increase 4.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 49.53 (%).Trend:Decrease 2.63% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 50.34 (%).Trend:Increase 1.64% than previous quarter

Overall: decreasing (-1.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 192.86% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.46 (USD).Trend:Increase 12.2% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.99 (USD).Trend:Increase 115.22% than previous quarter

Overall: increasing (141.46%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 indicate significant fluctuations in working capital efficiency. Liabilities on revenue trended downward and then upwards, while current assets on revenue also trended upwards, exhibiting significant variance. Cost efficiency demonstrates a slight decrease in SG&A expense ratios, with little variation. The retained earnings to revenue ratio shows an upward trend, although with substantial swings. Investment efficiency demonstrates a small overall decrease in retained earnings on assets with minimal fluctuation. Earnings per share displayed substantial growth and significant volatility.