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 73.06 (%).Trend:Decrease 36.14% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 200.59 (%).Trend:Increase 174.56% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 104.64 (%).Trend:Decrease 47.83% than previous quarter

Overall: increasing (43.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 82.13 (%).Trend:Decrease 36.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 236.12 (%).Trend:Increase 187.5% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 123.48 (%).Trend:Decrease 47.7% than previous quarter

Overall: increasing (50.35%). 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 148.41 (%).Trend:Decrease 34.13% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 424.23 (%).Trend:Increase 185.85% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 213.88 (%).Trend:Decrease 49.58% than previous quarter

Overall: increasing (44.11%). 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 80.6 (%).Trend:Increase 1.49% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 80.84 (%).Trend:Increase 0.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 79.79 (%).Trend:Decrease 1.3% than previous quarter

Overall: decreasing (-1.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.55 (USD).Trend:Decrease 48.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.94 (USD).Trend:Increase 89.68% than previous quarter

Overall: decreasing (-2.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show significant fluctuations in key financial metrics. Working capital efficiency metrics, including liabilities and current assets on revenue, exhibit substantial volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows substantial variation. Investment efficiency, however, displays little fluctuation in retained earnings on assets. Earnings per share experienced notable volatility, declining in Q1 before rebounding strongly.