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 53.79 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 172.06 (%).Trend:Increase 219.87% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.8 (%).Trend:Decrease 48.97% than previous quarter

Overall: increasing (63.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 59.29 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 205.17 (%).Trend:Increase 246.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 102.2 (%).Trend:Decrease 50.19% than previous quarter

Overall: increasing (72.37%). 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 16.78 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 60.98 (%).Trend:Increase 263.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 26.44 (%).Trend:Decrease 56.64% than previous quarter

Overall: increasing (57.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.47 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.9 (%).Trend:Decrease 5.44% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.79 (%).Trend:Decrease 1.11% than previous quarter

Overall: decreasing (-6.49%). 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 8.63 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.92 (%).Trend:Increase 26.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.68 (%).Trend:Decrease 11.36% than previous quarter

Overall: increasing (12.17%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.64 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.21 (USD).Trend:Decrease 54.17% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.32 (USD).Trend:Increase 91.74% than previous quarter

Overall: decreasing (-12.12%). Fluctuation: **Significant** (high variation).



The period from Q3 2020 to Q2 2021 showed significant volatility. Liabilities and current assets on revenue increased substantially (63.23% and 72.37%), while the ratio of retained earnings to revenue also increased significantly (57.57%). Conversely, the SG&A expense ratio decreased slightly (-6.49%), exhibiting low variation. Retained earnings on assets had a small increase (12.17%) and moderate fluctuation.  Earnings per share showed an overall decrease (-12.12%), demonstrating high variation.