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 175.92 (%).Trend:Decrease 29.17% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 464.74 (%).Trend:Increase 164.18% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 232.21 (%).Trend:Decrease 50.03% than previous quarter

Overall: increasing (32.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 208.54 (%).Trend:Decrease 28.03% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 582.17 (%).Trend:Increase 179.16% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 296.49 (%).Trend:Decrease 49.07% than previous quarter

Overall: increasing (42.17%). 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 46.78 (%).Trend:Decrease 30.18% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 149.37 (%).Trend:Increase 219.3% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 75.23 (%).Trend:Decrease 49.64% than previous quarter

Overall: increasing (60.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.84 (%).Trend:Decrease 3.84% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.19 (%).Trend:Increase 16.8% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.49 (%).Trend:Decrease 7.26% than previous quarter

Overall: increasing (8.32%). 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 15.14 (%).Trend:Increase 1.2% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 16.36 (%).Trend:Increase 8.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 16.47 (%).Trend:Increase 0.67% than previous quarter

Overall: increasing (8.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.45 (USD).Trend:Increase 67.81% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 75.92% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.35 (USD).Trend:Increase 128.81% than previous quarter

Overall: decreasing (-44.9%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2020 to Q2 2021 show inconsistent financial performance. Liabilities on revenue increased substantially in Q1 2021, but decreased in Q2 2021, signifying significant volatility.  Similarly, current assets on revenue rose dramatically in Q1 2021 before decreasing again in Q2 2021. The ratio of retained earnings to revenue also exhibited significant variation, increasing sharply in Q1 2021 before decreasing in Q2 2021. SG&A expense ratio displayed relatively minor fluctuations compared to other metrics. Investment efficiency, as measured by retained earnings on assets, demonstrated a minor, steady upward trend. Earnings per share also showed considerable variability, decreasing significantly in Q1 2021 and increasing in Q2 2021.