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 17.77 (%).Trend:Decrease 28.63% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 55.37 (%).Trend:Increase 211.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.41 (%).Trend:Decrease 48.69% than previous quarter

Overall: increasing (59.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 46.12 (%).Trend:Decrease 31.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 151.96 (%).Trend:Increase 229.49% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.82 (%).Trend:Decrease 49.45% than previous quarter

Overall: increasing (66.57%). 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 47.43 (%).Trend:Decrease 37.9% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 165.2 (%).Trend:Increase 248.3% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 81.22 (%).Trend:Decrease 50.84% than previous quarter

Overall: increasing (71.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.08 (%).Trend:Increase 0.09% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.86 (%).Trend:Decrease 1.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.74 (%).Trend:Decrease 0.55% than previous quarter

Overall: decreasing (-1.54%). 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 52.21 (%).Trend:Decrease 2.16% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 54.92 (%).Trend:Increase 5.19% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 54.33 (%).Trend:Decrease 1.07% than previous quarter

Overall: increasing (4.06%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 demonstrates considerable volatility, with substantial increases in liabilities and current assets on revenue (59.88% and 66.57%, respectively).  Cost efficiency, measured by the ratio of retained earnings to revenue, also increased substantially (71.24%).  While the Selling, General, and Administrative (SG&A) expense ratio decreased slightly overall (-1.54%), retained earnings on assets showed a small increase (4.06%), suggesting stability in investment efficiency.  The data signifies a volatile financial landscape.