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 42.17 (%).Trend:Decrease 39.07% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 134.62 (%).Trend:Increase 219.23% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 65.02 (%).Trend:Decrease 51.7% than previous quarter

Overall: increasing (54.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 104.9 (%).Trend:Decrease 27.87% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 293.44 (%).Trend:Increase 179.73% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 150.14 (%).Trend:Decrease 48.83% than previous quarter

Overall: increasing (43.13%). 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 264.74 (%).Trend:Decrease 30.91% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 727.0 (%).Trend:Increase 174.61% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 383.57 (%).Trend:Decrease 47.24% than previous quarter

Overall: increasing (44.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.54 (%).Trend:Decrease 3.45% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.31 (%).Trend:Decrease 15.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.66 (%).Trend:Increase 7.37% than previous quarter

Overall: decreasing (-8.73%). 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 92.56 (%).Trend:Increase 0.15% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 93.06 (%).Trend:Increase 0.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 96.35 (%).Trend:Increase 3.54% than previous quarter

Overall: increasing (4.09%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 7.0 (USD).Trend:Increase 40.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.93 (USD).Trend:Decrease 43.86% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.02 (USD).Trend:Increase 78.63% than previous quarter

Overall: increasing (0.29%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, significant fluctuations are observed. Liabilities on revenue and current assets on revenue increased, although with considerable variation. The ratio of retained earnings to revenue also demonstrated substantial growth.  The SG&A expense ratio showed a small overall decrease.  Retained earnings on assets increased slightly with low variation. Earnings per share increased slightly, exhibiting high variation.