Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 93.88 (%).Trend:Decrease 32.03% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 295.11 (%).Trend:Increase 214.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 139.54 (%).Trend:Decrease 52.72% than previous quarter

Overall: increasing (48.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.15 (%).Trend:Increase 1.28% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.66 (%).Trend:Decrease 2.7% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.05 (%).Trend:Decrease 3.45% than previous quarter

Overall: decreasing (-6.06%). 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 75.54 (%).Trend:Decrease 0.98% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 68.73 (%).Trend:Decrease 9.02% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 70.02 (%).Trend:Increase 1.88% than previous quarter

Overall: decreasing (-7.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 6.0 (USD).Trend:Increase 200.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show a complex picture. The ratio of retained earnings to revenue increased with substantial fluctuations, suggesting volatility.  SG&A expenses show a slight downward trend with little quarterly variation. Retained earnings on assets decreased slightly with little volatility.  Earnings per share display a volatile pattern, with an overall result of zero, though significant quarterly changes exist. This report indicates a need for further analysis to understand the drivers of the variability in these metrics.