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 21.91 (%).Trend:Decrease 31.01% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 67.61 (%).Trend:Increase 208.58% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.42 (%).Trend:Decrease 50.57% than previous quarter

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

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 29.15 (%).Trend:Decrease 31.94% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 93.73 (%).Trend:Increase 221.54% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 45.32 (%).Trend:Decrease 51.65% than previous quarter

Overall: increasing (55.47%). 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 26.11 (%).Trend:Decrease 27.19% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 60.94 (%).Trend:Increase 133.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 34.8 (%).Trend:Decrease 42.89% than previous quarter

Overall: increasing (33.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.39 (%).Trend:Decrease 4.32% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.2 (%).Trend:Decrease 18.71% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.23 (%).Trend:Increase 0.16% than previous quarter

Overall: decreasing (-18.58%). Fluctuation: **Neutral** (moderate 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 19.63 (%).Trend:Increase 6.92% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 20.43 (%).Trend:Increase 4.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 23.05 (%).Trend:Increase 12.82% than previous quarter

Overall: increasing (17.42%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.29 (USD).Trend:Increase 74.32% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.48 (USD).Trend:Increase 14.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.88 (USD).Trend:Increase 94.59% than previous quarter

Overall: increasing (123.26%). Fluctuation: **Significant** (high variation).



Between Q3 2020 and Q2 2021, Liabilities on Revenue and Current Assets on Revenue increased significantly with high fluctuation. The Ratio of Retained Earnings to Revenue also increased, though with significant fluctuation. SG&A Expense Ratio decreased overall with moderate variation. Retained Earning on Assets showed a small increase, and Earning Per Share increased significantly with high variation. The data encompasses three quarters.