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 33.09 (%).Trend:Decrease 38.26% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 87.62 (%).Trend:Increase 164.79% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.25 (%).Trend:Decrease 56.35% than previous quarter

Overall: increasing (15.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 41.51 (%).Trend:Decrease 35.55% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 119.02 (%).Trend:Increase 186.73% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 53.8 (%).Trend:Decrease 54.8% than previous quarter

Overall: increasing (29.61%). 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 24.26 (%).Trend:Decrease 51.94% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 73.89 (%).Trend:Increase 204.58% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 37.68 (%).Trend:Decrease 49.01% than previous quarter

Overall: increasing (55.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.09 (%).Trend:Decrease 4.01% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.91 (%).Trend:Decrease 1.19% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.81 (%).Trend:Decrease 0.67% than previous quarter

Overall: decreasing (-1.86%). 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 26.53 (%).Trend:Decrease 25.81% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 28.82 (%).Trend:Increase 8.63% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 31.42 (%).Trend:Increase 9.02% than previous quarter

Overall: increasing (18.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.82 (USD).Trend:Decrease 18.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.85 (USD).Trend:Increase 125.61% than previous quarter

Overall: increasing (85.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased from 33.09% in Q3 2020 to 38.25% in Q1 2021, then to 38.25% in Q2 2021, before overall increasing to 15.59%.  Current assets on revenue also show significant fluctuation, decreasing from 41.51% to 119.02% in Q1 2021, then dropping to 53.8% in Q2 2021. Cost efficiency shows a significant variation in the ratio of retained earnings to revenue, which increased from 24.26% to 73.89% in Q1 2021, then declining to 37.68% in Q2 2021. SG&A expense ratio shows a slight decrease over the period, while invest efficiency shows a small increase in retained earning on assets. Earning per share saw significant variation, with an increase from 1.0 USD to 0.82 USD in Q1 2021, then increasing to 1.85 USD in Q2 2021.