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 59.28 (%).Trend:Decrease 30.47% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 107.62 (%).Trend:Increase 81.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 53.28 (%).Trend:Decrease 50.49% than previous quarter

Overall: decreasing (-10.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 68.18 (%).Trend:Decrease 33.23% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 206.34 (%).Trend:Increase 202.64% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 101.63 (%).Trend:Decrease 50.75% than previous quarter

Overall: increasing (49.06%). 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 165.11 (%).Trend:Decrease 33.39% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 463.57 (%).Trend:Increase 180.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 220.15 (%).Trend:Decrease 52.51% than previous quarter

Overall: increasing (33.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.49 (%).Trend:Decrease 5.77% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.62 (%).Trend:Decrease 10.25% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.46 (%).Trend:Decrease 2.1% than previous quarter

Overall: decreasing (-12.13%). 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 68.69 (%).Trend:Decrease 0.71% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 77.49 (%).Trend:Increase 12.81% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 78.4 (%).Trend:Increase 1.17% than previous quarter

Overall: increasing (14.14%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.84 (USD).Trend:Decrease 29.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.62 (USD).Trend:Increase 168.31% than previous quarter

Overall: increasing (90.5%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal a complex financial picture.  Liabilities on revenue decreased significantly in Q2 2021 but fluctuated significantly throughout the period. Current assets on revenue showed substantial increases and decreases, indicating volatile working capital management. Cost efficiency trends showed a decrease in SG&A and a significant increase and decrease in the ratio of retained earnings to revenue, indicating an inconsistent cost structure. Investment efficiency remained relatively stable, with a small increase in retained earnings on assets. Earnings per share showed significant fluctuations, with considerable increases and decreases. Overall, the period is marked by substantial volatility in key financial metrics, necessitating further investigation.