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 17.77 (%).Trend:Decrease 28.63% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 55.37 (%).Trend:Increase 211.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.41 (%).Trend:Decrease 48.69% than previous quarter

Overall: increasing (59.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 46.12 (%).Trend:Decrease 31.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 151.96 (%).Trend:Increase 229.49% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.82 (%).Trend:Decrease 49.45% than previous quarter

Overall: increasing (66.57%). 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 47.43 (%).Trend:Decrease 37.9% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 165.2 (%).Trend:Increase 248.3% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 81.22 (%).Trend:Decrease 50.84% than previous quarter

Overall: increasing (71.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.08 (%).Trend:Increase 0.09% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.86 (%).Trend:Decrease 1.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.74 (%).Trend:Decrease 0.55% than previous quarter

Overall: decreasing (-1.54%). 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 52.21 (%).Trend:Decrease 2.16% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 54.92 (%).Trend:Increase 5.19% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 54.33 (%).Trend:Decrease 1.07% than previous quarter

Overall: increasing (4.06%). Fluctuation: **Little** (low variation).

Earning Per Share


Overall financial performance from Q3 2020 to Q2 2021 shows significant fluctuations in working capital and cost efficiency, with significant increases in liabilities and current assets on revenue (59.88% and 66.57%, respectively).  Cost efficiency, represented by the ratio of retained earnings to revenue, also saw a significant increase (71.24%).  The SG&A expense ratio, however, demonstrates little fluctuation, with a slight overall decrease (-1.54%). Investment efficiency shows a small increase in retained earnings on assets (4.06%), with little fluctuation.