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 37.45 (%).Trend:Decrease 33.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 72.57 (%).Trend:Increase 93.78% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.53 (%).Trend:Decrease 51.04% than previous quarter

Overall: decreasing (-5.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 55.65 (%).Trend:Decrease 32.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 122.07 (%).Trend:Increase 119.35% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 63.51 (%).Trend:Decrease 47.97% than previous quarter

Overall: increasing (14.12%). 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 47.66 (%).Trend:Decrease 38.21% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 119.42 (%).Trend:Increase 150.57% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 58.82 (%).Trend:Decrease 50.75% than previous quarter

Overall: increasing (23.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.62 (%).Trend:Decrease 8.16% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.5 (%).Trend:Decrease 0.53% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.69 (%).Trend:Increase 0.84% than previous quarter

Overall: increasing (0.31%). 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 42.44 (%).Trend:Decrease 2.1% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 44.9 (%).Trend:Increase 5.8% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 42.66 (%).Trend:Decrease 4.99% than previous quarter

Overall: increasing (0.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.17 (USD).Trend:Increase 17.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.28 (USD).Trend:Increase 94.87% than previous quarter

Overall: increasing (128.0%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2020 to Q2 2021 data reveals fluctuating financial performance. Liabilities on revenue decreased slightly (-5.13%), while current assets on revenue increased (14.12%). Cost efficiency improved, with a notable increase in the ratio of retained earnings to revenue (23.42%), although SG&A expenses showed minor increases (0.31%).  Investment efficiency saw a negligible increase in retained earnings on assets (0.52%). Earnings per share experienced a substantial increase (128%).  Significant fluctuations are evident across quarters.