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 24.22 (%).Trend:Decrease 43.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 66.59 (%).Trend:Increase 174.94% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.79 (%).Trend:Decrease 46.25% than previous quarter

Overall: increasing (47.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 63.65 (%).Trend:Decrease 15.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 148.76 (%).Trend:Increase 133.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.68 (%).Trend:Decrease 48.45% than previous quarter

Overall: increasing (20.47%). 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 30.23 (%).Trend:Decrease 30.82% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 70.99 (%).Trend:Increase 134.83% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 33.88 (%).Trend:Decrease 52.27% than previous quarter

Overall: increasing (12.07%). 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 27.27 (%).Trend:Decrease 7.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 23.96 (%).Trend:Decrease 12.14% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.75 (%).Trend:Decrease 5.05% than previous quarter

Overall: decreasing (-16.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.58 (USD).Trend:Increase 64.22% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.69 (USD).Trend:Decrease 80.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.01 (USD).Trend:Increase 46.38% than previous quarter

Overall: decreasing (-71.79%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows considerable variability.  Liabilities and current assets on revenue both trend upward, yet with substantial fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a rising trend, albeit with high variation.  Investment efficiency is decreasing steadily, with moderate fluctuations. Earnings per share have declined overall, exhibiting high variability across the quarters. This pattern underscores a company with inconsistent financial results requiring further examination of underlying drivers.