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 20.01 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.22 (%).Trend:Increase 285.91% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.06 (%).Trend:Decrease 58.48% than previous quarter

Overall: increasing (60.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 54.97 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 160.04 (%).Trend:Increase 191.14% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 68.03 (%).Trend:Decrease 57.49% than previous quarter

Overall: increasing (23.76%). 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 12.2 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 40.99 (%).Trend:Increase 235.98% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 22.49 (%).Trend:Decrease 45.13% than previous quarter

Overall: increasing (84.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.89 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.58 (%).Trend:Increase 14.25% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.11 (%).Trend:Decrease 18.49% than previous quarter

Overall: decreasing (-6.88%). Fluctuation: **Neutral** (moderate 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 13.33 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.98 (%).Trend:Increase 4.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 18.77 (%).Trend:Increase 34.26% than previous quarter

Overall: increasing (40.81%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.17 (USD).Trend:Decrease 91.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.95 (USD).Trend:Increase 1635.29% than previous quarter

Overall: increasing (47.5%). Fluctuation: **Significant** (high variation).



The financial statements from Q3 2020 to Q2 2021 reveal fluctuating trends in key financial metrics.  Liabilities and current assets on revenue demonstrated substantial variability, suggesting potential instability.  The ratio of retained earnings to revenue saw significant increases and decreases.  The SG&A expense ratio displayed a neutral trend with moderate fluctuations. Investment efficiency and retained earnings on assets demonstrated moderate variation over the period, while earnings per share experienced large changes.  Analysis must focus on the most impactful trends and remove zero and outlier data for a complete picture.