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 13.97 (%).Trend:Decrease 18.26% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.69 (%).Trend:Increase 241.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.61 (%).Trend:Decrease 44.2% than previous quarter

Overall: increasing (90.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 70.37 (%).Trend:Decrease 17.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 181.93 (%).Trend:Increase 158.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 99.91 (%).Trend:Decrease 45.08% than previous quarter

Overall: increasing (41.98%). 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 26.07 (%).Trend:Decrease 8.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 88.57 (%).Trend:Increase 239.74% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 46.21 (%).Trend:Decrease 47.83% than previous quarter

Overall: increasing (77.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 22.64 (%).Trend:Increase 28.71% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.1 (%).Trend:Decrease 6.8% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.93 (%).Trend:Increase 8.67% than previous quarter

Overall: increasing (1.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.46 (USD).Trend:Increase 155.56% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 58.7% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 126.32% than previous quarter

Overall: decreasing (-6.52%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show fluctuating performance. Liabilities on revenue increased considerably (90.48%) but are characterized by significant volatility. Current assets on revenue also demonstrate a significant increase (41.98%) with erratic quarter-to-quarter changes. The retained earnings-to-revenue ratio increased notably (77.25%), although the pattern is highly inconsistent.  Investment efficiency (retained earnings on assets) displays a modest increase (1.28%), while earnings per share decreased (-6.52%) with substantial quarter-to-quarter changes.