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 47.1 (%).Trend:Decrease 10.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 139.82 (%).Trend:Increase 196.86% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64.04 (%).Trend:Decrease 54.2% than previous quarter

Overall: increasing (35.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 61.82 (%).Trend:Decrease 24.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 187.32 (%).Trend:Increase 203.01% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.87 (%).Trend:Decrease 52.56% than previous quarter

Overall: increasing (43.76%). 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 144.49 (%).Trend:Decrease 28.44% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 486.09 (%).Trend:Increase 236.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 236.41 (%).Trend:Decrease 51.36% than previous quarter

Overall: increasing (63.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.64 (%).Trend:Increase 5.35% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.93 (%).Trend:Increase 1.23% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.82 (%).Trend:Decrease 0.46% than previous quarter

Overall: increasing (0.76%). 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 93.83 (%).Trend:Decrease 7.96% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 93.12 (%).Trend:Decrease 0.76% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 94.97 (%).Trend:Increase 1.99% than previous quarter

Overall: increasing (1.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 6.56 (USD).Trend:Increase 71.73% than previous quarter
Year 2021 Quarter 1: Earning Per Share 5.11 (USD).Trend:Decrease 22.1% than previous quarter
Year 2021 Quarter 2: Earning Per Share 8.67 (USD).Trend:Increase 69.67% than previous quarter

Overall: increasing (32.16%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 demonstrates significant volatility. Working capital efficiency shows substantial fluctuation in liabilities and current assets on revenue. Cost efficiency displays variability in the retained earnings to revenue ratio, while the SG&A expense ratio shows little change. Investment efficiency, using retained earnings on assets, exhibits minimal variation. Earnings per share show notable increases and decreases. The high variability across key performance indicators points to a need for further investigation into contributing factors.