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 26.63 (%).Trend:Decrease 32.38% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 81.36 (%).Trend:Increase 205.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.62 (%).Trend:Decrease 50.07% than previous quarter

Overall: increasing (52.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 50.64 (%).Trend:Decrease 35.08% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 207.07 (%).Trend:Increase 308.91% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 108.11 (%).Trend:Decrease 47.79% than previous quarter

Overall: increasing (113.49%). 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 3.63 (%).Trend:Decrease 51.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 8.75 (%).Trend:Increase 141.05% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 7.92 (%).Trend:Decrease 9.49% than previous quarter

Overall: increasing (118.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.96 (%).Trend:Increase 0.82% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.08 (%).Trend:Decrease 12.14% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.58 (%).Trend:Increase 1.78% than previous quarter

Overall: decreasing (-10.58%). 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 4.3 (%).Trend:Decrease 27.49% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.79 (%).Trend:Decrease 35.12% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 4.97 (%).Trend:Increase 78.14% than previous quarter

Overall: increasing (15.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.13 (USD).Trend:Increase 33.96% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 54.46% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.77 (USD).Trend:Increase 82.47% than previous quarter

Overall: decreasing (-16.9%). Fluctuation: **Significant** (high variation).



Over Q3 2020 to Q2 2021, liabilities and current assets on revenue significantly increased, exhibiting high volatility.  Ratio of retained earnings to revenue also increased substantially, while SG&A expenses slightly decreased.  Retained earnings on assets increased significantly after initial decline, and earnings per share decreased, then increased, showing significant fluctuation.