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 26.31 (%).Trend:Decrease 35.17% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 112.36 (%).Trend:Increase 327.06% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.93 (%).Trend:Decrease 54.67% than previous quarter

Overall: increasing (93.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 52.06 (%).Trend:Decrease 25.99% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 188.53 (%).Trend:Increase 262.14% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.02 (%).Trend:Decrease 49.6% than previous quarter

Overall: increasing (82.52%). 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 72.81 (%).Trend:Decrease 24.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 301.72 (%).Trend:Increase 314.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 149.62 (%).Trend:Decrease 50.41% than previous quarter

Overall: increasing (105.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.28 (%).Trend:Decrease 3.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.85 (%).Trend:Increase 11.82% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.57 (%).Trend:Decrease 8.62% than previous quarter

Overall: increasing (2.18%). 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 23.71 (%).Trend:Increase 8.91% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 27.28 (%).Trend:Increase 15.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 29.38 (%).Trend:Increase 7.7% than previous quarter

Overall: increasing (23.91%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.13 (USD).Trend:Increase 54.79% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.37 (USD).Trend:Decrease 67.26% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.89 (USD).Trend:Increase 140.54% than previous quarter

Overall: decreasing (-21.24%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2020 to Q2 2021 show high volatility.  Working capital efficiency, including liabilities and current assets on revenue, displays significant increases and decreases.  Cost efficiency, measured by retained earnings to revenue, demonstrates a substantial increase (105.49%).  SG&A expense ratios exhibit less volatile trends, slightly increasing. Investment efficiency shows moderate, nearly linear growth. Earnings per share experienced significant fluctuation, a substantial decrease overall.