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 11.84 (%).Trend:Decrease 41.96% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 70.73 (%).Trend:Increase 497.38% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 30.63 (%).Trend:Decrease 56.69% than previous quarter

Overall: increasing (158.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 99.89 (%).Trend:Decrease 27.29% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 454.9 (%).Trend:Increase 355.4% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 220.49 (%).Trend:Decrease 51.53% than previous quarter

Overall: increasing (120.73%). 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 136.99 (%).Trend:Decrease 28.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 443.96 (%).Trend:Increase 224.08% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 99.39 (%).Trend:Decrease 77.61% than previous quarter

Overall: decreasing (-27.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 38.16 (%).Trend:Increase 1.6% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 30.3 (%).Trend:Decrease 20.6% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 17.46 (%).Trend:Decrease 42.38% than previous quarter

Overall: decreasing (-54.25%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased in Q3 2020, significantly increased in Q1 2021, and then decreased again in Q2 2021. Current assets on revenue trended similarly, showing a substantial increase in Q1 2021, followed by a large decrease in Q2 2021. Cost efficiency reveals a decreasing trend in the ratio of retained earnings to revenue. This ratio decreased substantially in Q3 2020, then significantly increased in Q1 2021, and then sharply fell in Q2 2021. Investment efficiency, as measured by retained earnings on assets, shows a considerable downward trend over the three quarters, with notable variation.