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 28.66 (%).Trend:Decrease 31.35% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.56 (%).Trend:Increase 170.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 41.94 (%).Trend:Decrease 45.93% than previous quarter

Overall: increasing (46.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 59.43 (%).Trend:Decrease 31.78% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 168.9 (%).Trend:Increase 184.2% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 86.52 (%).Trend:Decrease 48.77% than previous quarter

Overall: increasing (45.58%). 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:Decrease 29.26% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 50.95 (%).Trend:Increase 203.64% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 28.21 (%).Trend:Decrease 44.63% than previous quarter

Overall: increasing (68.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.56 (%).Trend:Decrease 3.52% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.95 (%).Trend:Increase 10.96% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.08 (%).Trend:Increase 3.29% than previous quarter

Overall: increasing (14.61%). 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 20.24 (%).Trend:Increase 4.22% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.65 (%).Trend:Increase 6.97% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 23.42 (%).Trend:Increase 8.18% than previous quarter

Overall: increasing (15.71%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 shows significant fluctuations.  Working capital efficiency demonstrates inconsistent trends in liabilities and current assets on revenue. Cost efficiency exhibits substantial variation in the ratio of retained earnings to revenue, while the SG&A expense ratio shows a more consistent increase.  Investment efficiency showcases consistent increases in retained earnings on assets.