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 15.11 (%).Trend:Decrease 32.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.9 (%).Trend:Increase 217.01% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 25.02 (%).Trend:Decrease 47.77% than previous quarter

Overall: increasing (65.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 24.47 (%).Trend:Decrease 30.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 70.99 (%).Trend:Increase 190.11% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 36.01 (%).Trend:Decrease 49.27% than previous quarter

Overall: increasing (47.16%). 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 36.83 (%).Trend:Decrease 35.24% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 93.19 (%).Trend:Increase 153.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 44.51 (%).Trend:Decrease 52.24% than previous quarter

Overall: increasing (20.85%). 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 84.61 (%).Trend:Decrease 3.41% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 79.99 (%).Trend:Decrease 5.46% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 77.9 (%).Trend:Decrease 2.61% than previous quarter

Overall: decreasing (-7.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.29 (USD).Trend:Decrease 35.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.74 (USD).Trend:Increase 112.4% than previous quarter

Overall: increasing (37.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency displays significant fluctuations. Liabilities on revenue increased (65.59%) from Q3 2020 to Q2 2021, while current assets on revenue increased (47.16%). Cost efficiency saw a significant increase (20.85%) in the ratio of retained earnings to revenue.  Investment efficiency shows a slight decrease (-7.93%) in retained earnings on assets.  Earnings per share showed substantial fluctuation, with increases and decreases between Q3 2020 and Q2 2021. The report highlights substantial quarter-to-quarter variation in multiple key financial metrics.