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 22.98 (%).Trend:Decrease 33.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.52 (%).Trend:Increase 219.93% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.38 (%).Trend:Decrease 49.16% than previous quarter

Overall: increasing (62.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 106.75 (%).Trend:Decrease 32.73% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 326.28 (%).Trend:Increase 205.65% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 159.35 (%).Trend:Decrease 51.16% than previous quarter

Overall: increasing (49.27%). 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 47.93 (%).Trend:Decrease 33.29% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 136.14 (%).Trend:Increase 184.04% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 64.93 (%).Trend:Decrease 52.31% than previous quarter

Overall: increasing (35.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.62 (%).Trend:Increase 0.71% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.43 (%).Trend:Increase 2.48% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.58 (%).Trend:Decrease 2.54% than previous quarter

Overall: decreasing (-0.12%). 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 37.53 (%).Trend:Decrease 0.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.15 (%).Trend:Decrease 6.34% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 34.57 (%).Trend:Decrease 1.65% than previous quarter

Overall: decreasing (-7.89%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q3 2020-Q2 2021 financial data reveals significant fluctuations in working capital efficiency metrics (Liabilities on Revenue and Current Assets on Revenue), both showing overall increases but with substantial quarter-to-quarter variations.  Cost efficiency, as measured by the Ratio of Retained Earnings to Revenue, also increased significantly, while the Selling, General & Administrative (SG&A) Expense Ratio showed minimal change.  Investment efficiency, indicated by Retained Earnings on Assets, decreased slightly over the period with minimal fluctuation.