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 30.78 (%).Trend:Decrease 38.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 107.93 (%).Trend:Increase 250.65% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 51.02 (%).Trend:Decrease 52.73% than previous quarter

Overall: increasing (65.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 98.6 (%).Trend:Decrease 27.25% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 344.34 (%).Trend:Increase 249.23% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 156.93 (%).Trend:Decrease 54.43% than previous quarter

Overall: increasing (59.16%). 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 55.69 (%).Trend:Decrease 34.86% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 232.24 (%).Trend:Increase 317.02% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 108.2 (%).Trend:Decrease 53.41% than previous quarter

Overall: increasing (94.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.75 (%).Trend:Decrease 8.3% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.59 (%).Trend:Increase 3.69% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.24 (%).Trend:Decrease 1.48% than previous quarter

Overall: increasing (2.15%). 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 20.7 (%).Trend:Increase 1.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 27.47 (%).Trend:Increase 32.71% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 27.48 (%).Trend:Increase 0.04% than previous quarter

Overall: increasing (32.75%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.28 (USD).Trend:Increase 49.02% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.31 (USD).Trend:Decrease 42.54% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.4 (USD).Trend:Increase 6.87% than previous quarter

Overall: decreasing (-38.6%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities on revenue and current assets on revenue increased significantly, with high variation. The ratio of retained earnings to revenue also increased significantly, demonstrating high fluctuation. The SG&A expense ratio showed a small increase with low variation. Retained earnings on assets increased moderately, while earnings per share decreased significantly with high variation.