Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 64.2 (%).Trend:Decrease 41.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 38.54 (%).Trend:Decrease 39.97% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.12 (%).Trend:Increase 30.05% than previous quarter

Overall: decreasing (-21.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 113.86 (%).Trend:Decrease 44.17% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 70.59 (%).Trend:Decrease 38.0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.66 (%).Trend:Increase 25.6% than previous quarter

Overall: decreasing (-22.13%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 970.13 (%).Trend:Decrease 51.04% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 612.42 (%).Trend:Decrease 36.87% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 865.4 (%).Trend:Increase 41.31% than previous quarter

Overall: decreasing (-10.8%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.44 (%).Trend:Decrease 8.45% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.0 (%).Trend:Decrease 10.71% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.37 (%).Trend:Decrease 21.92% than previous quarter

Overall: decreasing (-30.28%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets 668.47 (%).Trend:Decrease 4.92% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 693.41 (%).Trend:Increase 3.73% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 707.96 (%).Trend:Increase 2.1% than previous quarter

Overall: increasing (5.91%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows decreasing trends in both liabilities and current assets on revenue. Liabilities on revenue decreased by 21.93%, with significant fluctuations, while current assets on revenue decreased by 22.13%, exhibiting neutral fluctuations. Cost efficiency indicates a decrease in the ratio of retained earnings to revenue by 10.8%, with neutral fluctuations.  Selling, general, and administrative (SG&A) expense ratio also decreased by 30.28%, again with neutral fluctuations. Investment efficiency shows an increase in retained earnings on assets by 5.91%, with little fluctuation.  Overall, the financial statements suggest a trend of decreasing working capital efficiency and cost efficiency, but increasing investment efficiency.