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 36.75 (%).Trend:Decrease 19.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 95.89 (%).Trend:Increase 160.93% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.24 (%).Trend:Decrease 48.65% than previous quarter

Overall: increasing (33.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 72.11 (%).Trend:Decrease 28.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 157.89 (%).Trend:Increase 118.96% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 81.69 (%).Trend:Decrease 48.26% than previous quarter

Overall: increasing (13.29%). 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 10.7 (%).Trend:Decrease 34.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 25.76 (%).Trend:Increase 140.75% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 13.81 (%).Trend:Decrease 46.39% than previous quarter

Overall: increasing (29.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.98 (%).Trend:Decrease 4.47% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.26 (%).Trend:Decrease 12.04% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.48 (%).Trend:Increase 4.18% than previous quarter

Overall: decreasing (-8.36%). 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 7.11 (%).Trend:Increase 0.28% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 7.67 (%).Trend:Increase 7.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.03 (%).Trend:Increase 4.69% than previous quarter

Overall: increasing (12.94%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2020 to Q2 2021 reveals substantial fluctuations in working capital efficiency. Liabilities on revenue increased (33.99%), and current assets on revenue also increased (13.29%), but both demonstrate significant volatility.  Cost efficiency (ratio of retained earnings to revenue) shows an overall increasing trend (29.07%), but with significant quarter-to-quarter variations.  SG&A expense ratio trended downward (-8.36%) with minimal fluctuations.  Investment efficiency (retained earnings on assets) increased (12.94%) with little quarter-to-quarter variation.