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 21.36 (%).Trend:Decrease 22.3% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 56.36 (%).Trend:Increase 163.86% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.31 (%).Trend:Decrease 49.77% than previous quarter

Overall: increasing (32.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 56.65 (%).Trend:Decrease 24.26% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 184.15 (%).Trend:Increase 225.07% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.22 (%).Trend:Decrease 48.29% than previous quarter

Overall: increasing (68.08%). 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 51.17 (%).Trend:Decrease 27.06% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 172.71 (%).Trend:Increase 237.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 93.95 (%).Trend:Decrease 45.6% than previous quarter

Overall: increasing (83.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.56 (%).Trend:Increase 4.11% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.07 (%).Trend:Decrease 2.08% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.7 (%).Trend:Increase 7.07% than previous quarter

Overall: increasing (4.84%). 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 34.25 (%).Trend:Increase 2.36% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 38.24 (%).Trend:Increase 11.65% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 39.95 (%).Trend:Increase 4.47% than previous quarter

Overall: increasing (16.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.76 (USD).Trend:Increase 33.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.84 (USD).Trend:Decrease 69.57% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.37 (USD).Trend:Increase 63.1% than previous quarter

Overall: decreasing (-50.36%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows significant volatility. Working capital efficiency reveals substantial fluctuations in liabilities and current assets on revenue. Cost efficiency shows a marked increase in the retained earnings to revenue ratio, but with substantial fluctuations throughout the period.  SG&A expense ratio shows a slight overall increase with minimal fluctuation. Invest efficiency indicates a consistent upward trend in retained earnings on assets with low variation.  Earnings per share display substantial volatility.