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 25.89 (%).Trend:Decrease 33.38% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.85 (%).Trend:Increase 185.25% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.36 (%).Trend:Decrease 54.83% than previous quarter

Overall: increasing (28.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 133.98 (%).Trend:Decrease 37.02% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 362.51 (%).Trend:Increase 170.57% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 173.44 (%).Trend:Decrease 52.16% than previous quarter

Overall: increasing (29.45%). 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 45.74 (%).Trend:Decrease 35.05% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 123.87 (%).Trend:Increase 170.81% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 62.32 (%).Trend:Decrease 49.69% than previous quarter

Overall: increasing (36.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.06 (%).Trend:Decrease 8.14% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.22 (%).Trend:Increase 6.09% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.84 (%).Trend:Decrease 1.88% than previous quarter

Overall: increasing (4.09%). 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 24.08 (%).Trend:Increase 4.06% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 24.09 (%).Trend:Increase 0.04% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 24.86 (%).Trend:Increase 3.2% than previous quarter

Overall: increasing (3.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.72 (USD).Trend:Increase 83.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 63.24% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.2 (USD).Trend:Increase 120.0% than previous quarter

Overall: decreasing (-19.12%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities and current assets as percentages of revenue saw substantial increases and decreases. Cost efficiency shows a small, steady decrease in SG&A expense ratio but a significant and highly variable retained earnings to revenue ratio. Investment efficiency reveals a positive and stable trend in retained earnings on assets. Earning per share displays significant volatility, with a decrease followed by a subsequent increase. The overall picture points to significant short-term fluctuations requiring further investigation of underlying causes.