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 21.28 (%).Trend:Decrease 39.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 65.5 (%).Trend:Increase 207.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.26 (%).Trend:Decrease 52.27% than previous quarter

Overall: increasing (46.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 42.24 (%).Trend:Decrease 38.2% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 149.45 (%).Trend:Increase 253.81% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 71.87 (%).Trend:Decrease 51.91% than previous quarter

Overall: increasing (70.15%). 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 15.45 (%).Trend:Increase 6.55% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 59.36 (%).Trend:Increase 284.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 31.68 (%).Trend:Decrease 46.63% than previous quarter

Overall: increasing (105.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.16 (%).Trend:Decrease 1.57% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.47 (%).Trend:Increase 3.8% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.58 (%).Trend:Increase 1.3% than previous quarter

Overall: increasing (5.15%). 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 12.85 (%).Trend:Increase 64.32% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 14.67 (%).Trend:Increase 14.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 16.06 (%).Trend:Increase 9.48% than previous quarter

Overall: increasing (24.98%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 300.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.22 (USD).Trend:Decrease 69.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.49 (USD).Trend:Increase 104.1% than previous quarter

Overall: decreasing (-37.75%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant volatility. Liabilities on revenue increased substantially in Q1 2021, then decreased before increasing again in Q2 2021.  Current assets on revenue exhibit similar volatility, with high growth followed by considerable decreases. Cost efficiency shows fluctuating retained earnings to revenue ratios, increasing substantially in Q1 2021 before dropping in Q2 and Q3 2021. SG&A expense ratio remained stable. Invest efficiency demonstrates a moderate, steady increase in retained earnings on assets.  Earning per share shows significant variability, increasing significantly from Q3 2020 to Q1 2021, then decreasing significantly in Q1 2021 before stabilizing in Q2 2021.