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 36.75 (%).Trend:Decrease 19.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 95.89 (%).Trend:Increase 160.93% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.24 (%).Trend:Decrease 48.65% than previous quarter

Overall: increasing (33.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 72.11 (%).Trend:Decrease 28.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 157.89 (%).Trend:Increase 118.96% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 81.69 (%).Trend:Decrease 48.26% than previous quarter

Overall: increasing (13.29%). 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 10.7 (%).Trend:Decrease 34.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 25.76 (%).Trend:Increase 140.75% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 13.81 (%).Trend:Decrease 46.39% than previous quarter

Overall: increasing (29.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.98 (%).Trend:Decrease 4.47% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.26 (%).Trend:Decrease 12.04% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.48 (%).Trend:Increase 4.18% than previous quarter

Overall: decreasing (-8.36%). 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 7.11 (%).Trend:Increase 0.28% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 7.67 (%).Trend:Increase 7.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.03 (%).Trend:Increase 4.69% than previous quarter

Overall: increasing (12.94%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2020 to Q2 2021 indicates a mixed picture. Working capital efficiency (liabilities and current assets on revenue) show notable increases, though with significant fluctuations.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also reveals an overall increase, but with considerable quarter-to-quarter variation.  The SG&A expense ratio shows a modest decrease with little fluctuation, while investment efficiency (retained earnings on assets) displays a slight increase with little fluctuation.