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 63.61 (%).Trend:Decrease 33.44% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 124.13 (%).Trend:Increase 95.14% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 61.66 (%).Trend:Decrease 50.33% than previous quarter

Overall: decreasing (-3.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 308.42 (%).Trend:Decrease 36.75% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 715.92 (%).Trend:Increase 132.13% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 376.58 (%).Trend:Decrease 47.4% than previous quarter

Overall: increasing (22.1%). 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 106.9 (%).Trend:Decrease 33.52% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 295.62 (%).Trend:Increase 176.54% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 162.02 (%).Trend:Decrease 45.19% than previous quarter

Overall: increasing (51.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.71 (%).Trend:Decrease 15.22% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.24 (%).Trend:Decrease 22.09% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.9 (%).Trend:Increase 13.56% than previous quarter

Overall: decreasing (-11.52%). Fluctuation: **Neutral** (moderate 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 25.07 (%).Trend:Increase 6.32% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 30.23 (%).Trend:Increase 20.58% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 31.63 (%).Trend:Increase 4.63% than previous quarter

Overall: increasing (26.17%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.67 (USD).Trend:Increase 103.66% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.09 (USD).Trend:Decrease 34.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.94 (USD).Trend:Increase 77.98% than previous quarter

Overall: increasing (16.17%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2020 to Q2 2021 reveals significant fluctuations in key metrics. While liabilities on revenue show a small overall decrease, current assets on revenue increased.  The ratio of retained earnings to revenue saw a substantial increase, but with significant volatility.  SG&A expense ratio decreased moderately, and retained earnings on assets increased steadily. Earnings per share exhibited a significant increase.