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 66.66 (%).Trend:Decrease 27.8% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 149.51 (%).Trend:Increase 124.29% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 73.32 (%).Trend:Decrease 50.96% than previous quarter

Overall: increasing (9.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 68.14 (%).Trend:Decrease 24.77% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 183.61 (%).Trend:Increase 169.46% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.03 (%).Trend:Decrease 52.06% than previous quarter

Overall: increasing (29.19%). 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 60.21 (%).Trend:Decrease 36.25% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 169.45 (%).Trend:Increase 181.43% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 89.61 (%).Trend:Decrease 47.12% than previous quarter

Overall: increasing (48.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.91 (%).Trend:Decrease 1.39% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.2 (%).Trend:Decrease 7.16% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.38 (%).Trend:Increase 1.96% than previous quarter

Overall: decreasing (-5.35%). 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 40.39 (%).Trend:Decrease 4.54% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 44.64 (%).Trend:Increase 10.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 47.67 (%).Trend:Increase 6.79% than previous quarter

Overall: increasing (18.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 9.0 (USD).Trend:Increase 350.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 6.87 (USD).Trend:Decrease 23.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 16.1 (USD).Trend:Increase 134.35% than previous quarter

Overall: increasing (78.89%). Fluctuation: **Significant** (high variation).



The financial data from Q3 2020 to Q2 2021 reveals significant fluctuations across multiple key performance indicators.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased overall despite substantial quarter-to-quarter volatility.  Conversely, the SG&A expense ratio showed a consistent, albeit minor, decrease.  Retained earnings on assets displayed consistent growth, and earnings per share showed a large overall increase despite significant volatility.