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 67.92 (%).Trend:Decrease 29.33% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 187.65 (%).Trend:Increase 176.28% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 94.47 (%).Trend:Decrease 49.66% than previous quarter

Overall: increasing (39.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 67.7 (%).Trend:Decrease 36.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 186.21 (%).Trend:Increase 175.05% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 93.98 (%).Trend:Decrease 49.53% than previous quarter

Overall: increasing (38.82%). 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 -34.99 (%).Trend:Decrease 38.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -83.77 (%).Trend:Increase 139.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -37.04 (%).Trend:Decrease 55.78% than previous quarter

Overall: decreasing (5.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.97 (%).Trend:Decrease 0.93% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.14 (%).Trend:Decrease 5.54% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.59 (%).Trend:Decrease 3.89% than previous quarter

Overall: decreasing (-9.22%). 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 -30.95 (%).Trend:Decrease 5.47% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -27.18 (%).Trend:Decrease 12.18% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -24.25 (%).Trend:Decrease 10.78% than previous quarter

Overall: increasing (-21.65%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.51 (USD).Trend:Increase 67.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.71 (USD).Trend:Decrease 52.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.48 (USD).Trend:Increase 108.45% than previous quarter

Overall: decreasing (-1.99%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased substantially from Q3 2020 to Q1 2021, then decreased substantially to Q2 2021. Current assets on revenue also show significant fluctuations with similar patterns of large increases and decreases. Cost efficiency reveals a decrease in the ratio of retained earnings to revenue with significant variation.  The SG&A expense ratio also decreased but with little variation. Investment efficiency demonstrates a decreasing trend in retained earnings on assets with significant variation. Earnings per share shows significant fluctuations, with increases and decreases across the period.