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 18.44 (%).Trend:Decrease 33.88% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 51.62 (%).Trend:Increase 179.93% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.39 (%).Trend:Decrease 48.88% than previous quarter

Overall: increasing (43.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 25.43 (%).Trend:Decrease 31.49% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 75.43 (%).Trend:Increase 196.62% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 34.0 (%).Trend:Decrease 54.93% than previous quarter

Overall: increasing (33.7%). 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 62.44 (%).Trend:Decrease 32.64% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 193.58 (%).Trend:Increase 210.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 100.12 (%).Trend:Decrease 48.28% than previous quarter

Overall: increasing (60.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.59 (%).Trend:Decrease 0.58% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.32 (%).Trend:Decrease 4.96% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.0 (%).Trend:Decrease 1.32% than previous quarter

Overall: decreasing (-6.21%). 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 47.56 (%).Trend:Increase 2.79% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 47.48 (%).Trend:Decrease 0.17% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 50.1 (%).Trend:Increase 5.52% than previous quarter

Overall: increasing (5.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 9.11 (USD).Trend:Increase 54.67% than previous quarter
Year 2020 Quarter 1: Earning Per Share 3.73 (USD).Trend:Decrease 59.06% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.95 (USD).Trend:Increase 113.14% than previous quarter

Overall: decreasing (-12.73%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 present a mixed picture.  Working capital efficiency shows mixed results with fluctuating liabilities and current assets. Cost efficiency displays substantial variations in retained earnings-to-revenue and SG&A expense ratios. Investment efficiency shows minimal variations with increasing retained earnings on assets. Earnings per share exhibit substantial quarterly fluctuations.  Overall, substantial volatility in financial performance is apparent.