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 96.15 (%).Trend:Decrease 28.18% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 217.87 (%).Trend:Increase 126.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 111.34 (%).Trend:Decrease 48.9% than previous quarter

Overall: increasing (15.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 149.36 (%).Trend:Decrease 10.65% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 462.11 (%).Trend:Increase 209.39% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 235.64 (%).Trend:Decrease 49.01% than previous quarter

Overall: increasing (57.77%). 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 84.04 (%).Trend:Decrease 25.12% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 260.47 (%).Trend:Increase 209.94% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 135.89 (%).Trend:Decrease 47.83% than previous quarter

Overall: increasing (61.7%). 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 18.07 (%).Trend:Decrease 1.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 18.42 (%).Trend:Increase 1.94% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 19.34 (%).Trend:Increase 4.99% than previous quarter

Overall: increasing (7.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 25.99 (USD).Trend:Increase 37.73% than previous quarter
Year 2021 Quarter 1: Earning Per Share 9.42 (USD).Trend:Decrease 63.76% than previous quarter
Year 2021 Quarter 2: Earning Per Share 18.57 (USD).Trend:Increase 97.13% than previous quarter

Overall: decreasing (-28.55%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, significant increases were seen in liabilities on revenue (15.8%), current assets on revenue (57.77%), and the ratio of retained earnings to revenue (61.7%), all with substantial volatility.  Retained earnings on assets showed a slight increase (7.03%), while earnings per share decreased considerably (-28.55%).  The analysis lacks SG&A data.