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 43.7 (%).Trend:Decrease 49.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 97.47 (%).Trend:Increase 123.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.76 (%).Trend:Decrease 53.05% than previous quarter

Overall: increasing (4.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81.31 (%).Trend:Decrease 42.69% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 205.05 (%).Trend:Increase 152.18% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.08 (%).Trend:Decrease 53.63% than previous quarter

Overall: increasing (16.94%). 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 99.29 (%).Trend:Decrease 37.79% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 219.91 (%).Trend:Increase 121.48% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 101.49 (%).Trend:Decrease 53.85% than previous quarter

Overall: increasing (2.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.68 (%).Trend:Decrease 6.13% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.15 (%).Trend:Decrease 4.29% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.92 (%).Trend:Decrease 3.6% than previous quarter

Overall: decreasing (-7.74%). 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 50.87 (%).Trend:Increase 4.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 49.53 (%).Trend:Decrease 2.63% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 50.34 (%).Trend:Increase 1.64% than previous quarter

Overall: decreasing (-1.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 192.86% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.46 (USD).Trend:Increase 12.2% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.99 (USD).Trend:Increase 115.22% than previous quarter

Overall: increasing (141.46%). Fluctuation: **Significant** (high variation).



Working capital efficiency from Q3 2020 to Q2 2021 demonstrates substantial variability. Liabilities on revenue decreased, then increased, and finally decreased again.  Current assets on revenue saw similar, large swings, but overall increased slightly.  Cost efficiency, indicated by the SG&A expense ratio, is slightly downward trending.  The retained earnings-to-revenue ratio saw significant shifts, from a decrease, to an increase, then a decrease again.  Investment efficiency shows a minimal downward trend with little variation. Earnings per share show considerable fluctuation, with significant increases over the reporting period.