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 22.09 (%).Trend:Decrease 30.58% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 61.83 (%).Trend:Increase 179.9% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 30.3 (%).Trend:Decrease 50.99% than previous quarter

Overall: increasing (37.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 17.9 (%).Trend:Decrease 26.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 47.38 (%).Trend:Increase 164.69% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 24.03 (%).Trend:Decrease 49.28% than previous quarter

Overall: increasing (34.25%). 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 21.26 (%).Trend:Decrease 31.6% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 60.7 (%).Trend:Increase 185.51% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 32.39 (%).Trend:Decrease 46.64% than previous quarter

Overall: increasing (52.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.14 (%).Trend:Increase 1.0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.48 (%).Trend:Decrease 3.12% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.84 (%).Trend:Increase 1.76% than previous quarter

Overall: decreasing (-1.42%). 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 33.63 (%).Trend:Increase 0.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 34.84 (%).Trend:Increase 3.6% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 36.91 (%).Trend:Increase 5.94% than previous quarter

Overall: increasing (9.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 showcase a mixed performance with substantial volatility. Liabilities on revenue increased by 37.17% but with significant fluctuation. Current assets on revenue increased by 34.25% with high volatility.  The ratio of retained earnings to revenue increased by 52.35%, though significant fluctuations are evident. Invest efficiency displays a stable increasing pattern (9.75%) with little variation. Earnings per share remain relatively flat but with significant swings between quarters.