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 40.29 (%).Trend:Decrease 33.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 109.34 (%).Trend:Increase 171.38% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.27 (%).Trend:Decrease 49.45% than previous quarter

Overall: increasing (37.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 72.57 (%).Trend:Decrease 29.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 177.23 (%).Trend:Increase 144.22% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 86.34 (%).Trend:Decrease 51.28% than previous quarter

Overall: increasing (18.97%). 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 7.25 (%).Trend:Increase 198.35% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 43.14 (%).Trend:Increase 495.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 22.73 (%).Trend:Decrease 47.31% than previous quarter

Overall: increasing (213.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.63 (%).Trend:Decrease 7.57% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.81 (%).Trend:Increase 1.15% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.35 (%).Trend:Decrease 2.91% than previous quarter

Overall: decreasing (-1.79%). 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 3.62 (%).Trend:Increase 358.23% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.15 (%).Trend:Increase 125.14% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.96 (%).Trend:Increase 9.94% than previous quarter

Overall: increasing (147.51%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.27 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 65.35% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 127.27% than previous quarter

Overall: decreasing (-21.26%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2021, then decreased in Q2 2021, before further decreasing in Q3 2021.  Current assets on revenue also experienced substantial increases and decreases across the period, peaking in Q1 2021. Cost efficiency shows significant changes in the ratio of retained earnings to revenue, with large increases and decreases.  SG&A expense ratio shows little fluctuation overall.  Investment efficiency shows significant fluctuation in retained earnings on assets, while earning per share shows significant but mixed results.