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 18.44 (%).Trend:Decrease 33.31% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 51.92 (%).Trend:Increase 181.56% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 24.03 (%).Trend:Decrease 53.72% than previous quarter

Overall: increasing (30.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 85.45 (%).Trend:Decrease 38.13% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 242.69 (%).Trend:Increase 184.01% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 106.92 (%).Trend:Decrease 55.94% than previous quarter

Overall: increasing (25.13%). 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 38.47 (%).Trend:Decrease 26.02% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 124.32 (%).Trend:Increase 223.16% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 64.68 (%).Trend:Decrease 47.97% than previous quarter

Overall: increasing (68.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.68 (%).Trend:Increase 0.48% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.92 (%).Trend:Decrease 5.18% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.28 (%).Trend:Decrease 4.6% than previous quarter

Overall: decreasing (-9.54%). 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 18.42 (%).Trend:Increase 15.41% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.73 (%).Trend:Increase 17.97% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 24.41 (%).Trend:Increase 12.33% than previous quarter

Overall: increasing (32.52%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.63 (USD).Trend:Decrease 37.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.28 (USD).Trend:Increase 103.17% than previous quarter

Overall: increasing (28.0%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, Liabilities on Revenue and Current Assets on Revenue increased significantly (30.31% and 25.13% respectively), with substantial fluctuations.  Ratio of Retained Earnings to Revenue also increased significantly (68.13%), showing high variation.  The SG&A Expense Ratio decreased (-9.54%) with low variation. Retained Earnings on Assets increased (32.52%) with moderate variation. Earnings Per Share increased 28% with significant fluctuation.