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 47.88 (%).Trend:Decrease 17.65% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 133.18 (%).Trend:Increase 178.15% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64.41 (%).Trend:Decrease 51.64% than previous quarter

Overall: increasing (34.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 77.82 (%).Trend:Decrease 20.58% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 246.91 (%).Trend:Increase 217.28% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 122.29 (%).Trend:Decrease 50.47% than previous quarter

Overall: increasing (57.14%). 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 89.3 (%).Trend:Decrease 29.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 294.22 (%).Trend:Increase 229.47% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 132.61 (%).Trend:Decrease 54.93% than previous quarter

Overall: increasing (48.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 56.92 (%).Trend:Increase 2.67% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.88 (%).Trend:Decrease 0.07% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 54.85 (%).Trend:Decrease 3.57% than previous quarter

Overall: decreasing (-3.64%). 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 57.7 (%).Trend:Decrease 3.95% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 58.54 (%).Trend:Increase 1.46% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 56.95 (%).Trend:Decrease 2.72% than previous quarter

Overall: decreasing (-1.3%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.18 (USD).Trend:Decrease 0.31% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.44 (USD).Trend:Decrease 54.72% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.84 (USD).Trend:Increase 166.67% than previous quarter

Overall: increasing (20.75%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 present a picture of substantial volatility. Liabilities and current assets on revenue had significant fluctuations, with increases and decreases throughout the period.  The ratio of retained earnings to revenue displayed a substantial increase in Q1, followed by sharp decreases in Q2.  SG&A expense ratio showed a minor downward trend.  Retained earnings on assets and earnings per share exhibited a mixed performance with both increases and decreases.