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 37.45 (%).Trend:Decrease 33.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 72.57 (%).Trend:Increase 93.78% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.53 (%).Trend:Decrease 51.04% than previous quarter

Overall: decreasing (-5.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 55.65 (%).Trend:Decrease 32.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 122.07 (%).Trend:Increase 119.35% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 63.51 (%).Trend:Decrease 47.97% than previous quarter

Overall: increasing (14.12%). 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 47.66 (%).Trend:Decrease 38.21% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 119.42 (%).Trend:Increase 150.57% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 58.82 (%).Trend:Decrease 50.75% than previous quarter

Overall: increasing (23.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.62 (%).Trend:Decrease 8.16% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.5 (%).Trend:Decrease 0.53% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.69 (%).Trend:Increase 0.84% than previous quarter

Overall: increasing (0.31%). 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 42.44 (%).Trend:Decrease 2.1% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 44.9 (%).Trend:Increase 5.8% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 42.66 (%).Trend:Decrease 4.99% than previous quarter

Overall: increasing (0.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.17 (USD).Trend:Increase 17.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.28 (USD).Trend:Increase 94.87% than previous quarter

Overall: increasing (128.0%). Fluctuation: **Significant** (high variation).



Analysis covers Q3 2020 to Q2 2021.  Significant fluctuations are observed in liabilities on revenue, current assets on revenue, and ratio of retained earnings to revenue, indicating potential volatility.  Conversely, SG&A expense ratio and retained earnings on assets show little fluctuation. Earnings per share demonstrates significant growth over the period.  More data is needed for a robust assessment.