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 14.1 (%).Trend:Decrease 31.62% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 39.51 (%).Trend:Increase 180.21% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 19.66 (%).Trend:Decrease 50.24% than previous quarter

Overall: increasing (39.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 32.64 (%).Trend:Decrease 29.69% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 99.41 (%).Trend:Increase 204.56% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 52.97 (%).Trend:Decrease 46.72% than previous quarter

Overall: increasing (62.29%). 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 54.08 (%).Trend:Decrease 26.24% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 121.91 (%).Trend:Increase 125.43% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 63.2 (%).Trend:Decrease 48.16% than previous quarter

Overall: increasing (16.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.82 (%).Trend:Increase 1.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.1 (%).Trend:Decrease 21.99% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.21 (%).Trend:Increase 1.8% than previous quarter

Overall: decreasing (-20.59%). Fluctuation: **Neutral** (moderate 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 57.07 (%).Trend:Increase 0.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 54.29 (%).Trend:Decrease 4.87% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 55.61 (%).Trend:Increase 2.43% than previous quarter

Overall: decreasing (-2.56%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.57 (USD).Trend:Decrease 40.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.71 (USD).Trend:Increase 200.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.77 (USD).Trend:Increase 120.47% than previous quarter

Overall: increasing (561.4%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2020 to Q2 2021 data reveals significant increases in liabilities on revenue and current assets on revenue, along with a significant increase in the ratio of retained earnings to revenue, all characterized by high fluctuation. The SG&A expense ratio decreased moderately. Retained earnings on assets showed a slight decrease with low variation, while earnings per share experienced a substantial increase with significant fluctuation.