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 26.03 (%).Trend:Decrease 31.16% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 81.16 (%).Trend:Increase 211.79% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.56 (%).Trend:Decrease 50.02% than previous quarter

Overall: increasing (55.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 32.47 (%).Trend:Decrease 32.47% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 97.25 (%).Trend:Increase 199.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 48.59 (%).Trend:Decrease 50.04% than previous quarter

Overall: increasing (49.65%). 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 18.14 (%).Trend:Decrease 30.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 48.19 (%).Trend:Increase 165.66% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 25.4 (%).Trend:Decrease 47.29% than previous quarter

Overall: increasing (40.02%). 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 38.48 (%).Trend:Increase 0.42% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.05 (%).Trend:Decrease 8.91% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 36.34 (%).Trend:Increase 3.68% than previous quarter

Overall: decreasing (-5.56%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.62 (USD).Trend:Decrease 46.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.26 (USD).Trend:Increase 39.51% than previous quarter

Overall: decreasing (-24.67%). Fluctuation: **Significant** (high variation).



Financial performance in Q3 2020 to Q2 2021 shows high volatility. Liabilities and current assets on revenue show significant increases in Q1 2021, followed by sharp decreases in Q2 2021. The ratio of retained earnings to revenue also exhibits large swings in the same period. Investment efficiency, measured by retained earnings on assets, is stable with little change. Earnings per share display significant quarterly fluctuations, increasing in Q3 2020 and decreasing in Q1 2021 before increasing again in Q2 2021.