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 29.88 (%).Trend:Increase 36.5% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 42.55 (%).Trend:Increase 42.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 22.97 (%).Trend:Decrease 46.02% than previous quarter

Overall: decreasing (-23.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 130.74 (%).Trend:Decrease 28.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 238.89 (%).Trend:Increase 82.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 217.48 (%).Trend:Decrease 8.96% than previous quarter

Overall: increasing (66.35%). 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 88.54 (%).Trend:Decrease 36.18% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 234.96 (%).Trend:Increase 165.37% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 126.73 (%).Trend:Decrease 46.06% than previous quarter

Overall: increasing (43.13%). 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 26.67 (%).Trend:Decrease 7.07% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 30.98 (%).Trend:Increase 16.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 24.14 (%).Trend:Decrease 22.08% than previous quarter

Overall: decreasing (-9.49%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 shows significant fluctuations. Liabilities on revenue increased substantially in Q1 and Q2 2021, peaking at 42.55% then declining. Current assets on revenue showed a similar pattern, increasing sharply in Q1 2021 and slightly decreasing in Q2 2021. The ratio of retained earnings to revenue exhibited considerable volatility, increasing dramatically in Q1 2021 before decreasing in Q2 2021.  Investment efficiency (retained earnings on assets) decreased slightly throughout the period with significant variation. Overall, the data suggests some instability in financial metrics.