Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 18.34 (%).Trend:Decrease 43.41% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 56.4 (%).Trend:Increase 207.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 24.72 (%).Trend:Decrease 56.17% than previous quarter

Overall: increasing (34.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 49.83 (%).Trend:Decrease 40.55% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 127.12 (%).Trend:Increase 155.11% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 64.03 (%).Trend:Decrease 49.63% than previous quarter

Overall: increasing (28.5%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -36.74 (%).Trend:Decrease 20.73% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -55.31 (%).Trend:Increase 50.54% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -19.09 (%).Trend:Decrease 65.49% than previous quarter

Overall: increasing (-48.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.1 (%).Trend:Increase 0.65% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.61 (%).Trend:Decrease 15.81% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.45 (%).Trend:Decrease 6.13% than previous quarter

Overall: decreasing (-20.97%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets -57.37 (%).Trend:Increase 30.74% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -34.84 (%).Trend:Decrease 39.27% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -23.29 (%).Trend:Decrease 33.15% than previous quarter

Overall: increasing (-59.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 4.36 (USD).Trend:Increase 57.97% than previous quarter
Year 2020 Quarter 1: Earning Per Share 2.46 (USD).Trend:Decrease 43.58% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 103.25% than previous quarter

Overall: increasing (14.68%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q2 2021, liabilities and current assets on revenue increased significantly, reflecting fluctuations in working capital.  Cost efficiency improved substantially, as indicated by the ratio of retained earnings to revenue, alongside a moderate decrease in SG&A expenses.  Investment efficiency and earnings per share also experienced significant increases, but with notable volatility.