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 29.75 (%).Trend:Decrease 32.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 87.67 (%).Trend:Increase 194.69% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 44.76 (%).Trend:Decrease 48.94% than previous quarter

Overall: increasing (50.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 74.3 (%).Trend:Decrease 31.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 207.47 (%).Trend:Increase 179.23% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.55 (%).Trend:Decrease 53.95% than previous quarter

Overall: increasing (28.6%). 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 105.83 (%).Trend:Decrease 34.28% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 294.54 (%).Trend:Increase 178.31% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 139.98 (%).Trend:Decrease 52.48% than previous quarter

Overall: increasing (32.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.76 (%).Trend:Decrease 0.45% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.43 (%).Trend:Decrease 7.49% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.43 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-7.49%). 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 75.9 (%).Trend:Decrease 2.08% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 75.87 (%).Trend:Decrease 0.04% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 68.65 (%).Trend:Decrease 9.52% than previous quarter

Overall: decreasing (-9.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 4.91 (USD).Trend:Increase 60.46% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.6 (USD).Trend:Decrease 47.05% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.53 (USD).Trend:Increase 112.69% than previous quarter

Overall: increasing (12.63%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal mixed trends. Liabilities on revenue show significant fluctuation, rising in Q1 2021 before decreasing in Q2 2021. Current assets on revenue also fluctuate significantly, showing increases and decreases. Cost efficiency, as measured by the ratio of retained earnings to revenue, experiences substantial fluctuations.  The SG&A expense ratio shows little fluctuation.  Investment efficiency, measured by retained earnings on assets, experiences slight overall declines. Earning per share shows significant fluctuation.