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 40.29 (%).Trend:Decrease 33.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 109.34 (%).Trend:Increase 171.38% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.27 (%).Trend:Decrease 49.45% than previous quarter

Overall: increasing (37.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 72.57 (%).Trend:Decrease 29.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 177.23 (%).Trend:Increase 144.22% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 86.34 (%).Trend:Decrease 51.28% than previous quarter

Overall: increasing (18.97%). 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 7.25 (%).Trend:Increase 198.35% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 43.14 (%).Trend:Increase 495.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 22.73 (%).Trend:Decrease 47.31% than previous quarter

Overall: increasing (213.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.63 (%).Trend:Decrease 7.57% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.81 (%).Trend:Increase 1.15% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.35 (%).Trend:Decrease 2.91% than previous quarter

Overall: decreasing (-1.79%). 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 3.62 (%).Trend:Increase 358.23% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.15 (%).Trend:Increase 125.14% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.96 (%).Trend:Increase 9.94% than previous quarter

Overall: increasing (147.51%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.27 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 65.35% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 127.27% than previous quarter

Overall: decreasing (-21.26%). Fluctuation: **Significant** (high variation).



Working capital efficiency from Q3 2020 to Q2 2021 indicates significant fluctuations. Liabilities on revenue rose by 37.18%, while current assets on revenue increased by 18.97%. Cost efficiency shows a slight overall decline in the SG&A expense ratio (-1.79%). The ratio of retained earnings to revenue increased substantially (213.52%), and invest efficiency demonstrates a significant rise in retained earnings on assets (147.51%).  Earnings per share decreased by 21.26%.