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 22.93 (%).Trend:Decrease 39.69% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.18 (%).Trend:Increase 219.15% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.4 (%).Trend:Decrease 47.53% than previous quarter

Overall: increasing (67.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 44.33 (%).Trend:Decrease 36.66% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 127.01 (%).Trend:Increase 186.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 66.32 (%).Trend:Decrease 47.78% than previous quarter

Overall: increasing (49.61%). 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 16.24 (%).Trend:Decrease 23.03% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 55.42 (%).Trend:Increase 241.26% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 29.5 (%).Trend:Decrease 46.77% than previous quarter

Overall: increasing (81.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.25 (%).Trend:Decrease 3.07% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.68 (%).Trend:Increase 5.93% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.09 (%).Trend:Decrease 7.68% than previous quarter

Overall: decreasing (-2.21%). 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 8.45 (%).Trend:Increase 17.2% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.12 (%).Trend:Increase 19.76% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.12 (%).Trend:Increase 9.88% than previous quarter

Overall: increasing (31.6%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.75 (USD).Trend:Increase 109.92% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 64.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.32 (USD).Trend:Increase 139.18% than previous quarter

Overall: decreasing (-15.64%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities on revenue and current assets on revenue increased significantly (67.47% and 49.61% respectively), both with high variation. The ratio of retained earnings to revenue also showed a substantial increase (81.65%) with significant fluctuation. SG&A expenses decreased slightly (-2.21%) with low variation. Retained earnings on assets saw a moderate increase (31.6%). Earnings per share decreased (-15.64%) with significant fluctuation.