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 28.66 (%).Trend:Decrease 31.35% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.56 (%).Trend:Increase 170.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 41.94 (%).Trend:Decrease 45.93% than previous quarter

Overall: increasing (46.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 59.43 (%).Trend:Decrease 31.78% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 168.9 (%).Trend:Increase 184.2% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 86.52 (%).Trend:Decrease 48.77% than previous quarter

Overall: increasing (45.58%). 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 16.78 (%).Trend:Decrease 29.26% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 50.95 (%).Trend:Increase 203.64% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 28.21 (%).Trend:Decrease 44.63% than previous quarter

Overall: increasing (68.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.56 (%).Trend:Decrease 3.52% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.95 (%).Trend:Increase 10.96% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.08 (%).Trend:Increase 3.29% than previous quarter

Overall: increasing (14.61%). 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 20.24 (%).Trend:Increase 4.22% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.65 (%).Trend:Increase 6.97% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 23.42 (%).Trend:Increase 8.18% than previous quarter

Overall: increasing (15.71%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuation in liabilities and current assets on revenue from Q3 2020 to Q2 2021. Liabilities on revenue decreased in Q3 2020, then increased sharply in Q1 2021, and decreased again in Q2 2021, resulting in an overall increasing trend. Current assets on revenue also show a similar pattern, decreasing in Q3 2020, sharply increasing in Q1 2021, and decreasing in Q2 2021.  Cost efficiency exhibits significant fluctuation in the ratio of retained earnings to revenue, but a steady increase in SG&A expense ratio. Invest efficiency shows a steady increase in retained earnings on assets.