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 16.27 (%).Trend:Decrease 31.58% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 49.64 (%).Trend:Increase 205.1% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 25.26 (%).Trend:Decrease 49.11% than previous quarter

Overall: increasing (55.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 48.25 (%).Trend:Decrease 42.72% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 127.56 (%).Trend:Increase 164.37% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 64.49 (%).Trend:Decrease 49.44% than previous quarter

Overall: increasing (33.66%). 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 98.17 (%).Trend:Decrease 32.86% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 290.14 (%).Trend:Increase 195.55% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 144.48 (%).Trend:Decrease 50.2% than previous quarter

Overall: increasing (47.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.86 (%).Trend:Decrease 8.26% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.83 (%).Trend:Decrease 14.47% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.24 (%).Trend:Increase 1.72% than previous quarter

Overall: decreasing (-12.99%). 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 132.07 (%).Trend:Increase 11.31% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 141.29 (%).Trend:Increase 6.98% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 140.65 (%).Trend:Decrease 0.45% than previous quarter

Overall: increasing (6.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 9.0 (USD).Trend:Increase 80.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 4.51 (USD).Trend:Decrease 49.89% than previous quarter
Year 2021 Quarter 2: Earning Per Share 8.8 (USD).Trend:Increase 95.12% than previous quarter

Overall: decreasing (-2.22%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation.  Liabilities on revenue rose drastically in Q1 2021, then decreased, closing near the original Q3 2020 levels by Q2 2021. Current assets on revenue similarly display substantial variation, increasing in Q1 2021, then decreasing to close near original levels in Q2 2021. Cost efficiency shows a substantial decrease in the SG&A expense ratio overall, with little fluctuation. Invest efficiency shows a moderate increase in retained earnings on assets with little fluctuation. Earnings per share demonstrate significant fluctuations, increasing in Q3 2020, decreasing substantially in Q1 2021, then increasing significantly in Q2 2021.