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 38.2 (%).Trend:Decrease 32.78% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 122.76 (%).Trend:Increase 221.36% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 63.19 (%).Trend:Decrease 48.53% than previous quarter

Overall: increasing (65.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 63.54 (%).Trend:Decrease 43.38% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 232.67 (%).Trend:Increase 266.18% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 125.62 (%).Trend:Decrease 46.01% than previous quarter

Overall: increasing (97.7%). 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 90.1 (%).Trend:Decrease 38.17% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 277.73 (%).Trend:Increase 208.25% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 151.76 (%).Trend:Decrease 45.36% than previous quarter

Overall: increasing (68.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.64 (%).Trend:Increase 1.19% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.75 (%).Trend:Decrease 11.65% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.45 (%).Trend:Increase 10.37% than previous quarter

Overall: decreasing (-2.49%). 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 35.91 (%).Trend:Decrease 4.97% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 36.27 (%).Trend:Increase 1.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 38.58 (%).Trend:Increase 6.37% than previous quarter

Overall: increasing (7.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.55 (USD).Trend:Increase 40.32% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 76.62% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.08 (USD).Trend:Increase 150.6% than previous quarter

Overall: decreasing (-41.41%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 demonstrates significant volatility across key metrics.  Liabilities and current assets on revenue both increased, but with significant fluctuation.  Retained earnings to revenue ratio also increased substantially, with high variability.  SG&A expense ratio decreased slightly.  Investment efficiency saw a slight increase in retained earnings on assets, but with minimal fluctuation. Earnings per share decreased substantially with major fluctuations.