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 27.67 (%).Trend:Decrease 25.96% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 76.99 (%).Trend:Increase 178.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.16 (%).Trend:Decrease 47.84% than previous quarter

Overall: increasing (45.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 48.72 (%).Trend:Decrease 25.93% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 134.01 (%).Trend:Increase 175.06% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 68.92 (%).Trend:Decrease 48.57% than previous quarter

Overall: increasing (41.46%). 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 1.12 (%).Trend:Decrease 1.75% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 1.21 (%).Trend:Increase 8.04% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 2.02 (%).Trend:Increase 66.94% than previous quarter

Overall: increasing (80.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.61 (%).Trend:Increase 0.99% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.25 (%).Trend:Decrease 7.24% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.59 (%).Trend:Increase 1.12% than previous quarter

Overall: decreasing (-6.19%). 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 1.67 (%).Trend:Increase 34.68% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 0.66 (%).Trend:Decrease 60.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 2.2 (%).Trend:Increase 233.33% than previous quarter

Overall: increasing (31.74%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.88 (USD).Trend:Increase 56.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.99 (USD).Trend:Decrease 47.34% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.34 (USD).Trend:Increase 136.36% than previous quarter

Overall: increasing (24.47%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 indicate a mixed performance.  Liabilities and current assets on revenue show substantial fluctuations with sharp increases and decreases. The ratio of retained earnings to revenue showed notable increases, particularly in Q2 2021. The SG&A expense ratio demonstrates a slight overall decrease, with little variation. Investment efficiency reveals significant fluctuations in retained earnings on assets. Earnings per share also experienced considerable increases and decreases.