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 19.8 (%).Trend:Decrease 26.09% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 57.89 (%).Trend:Increase 192.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.17 (%).Trend:Decrease 46.16% than previous quarter

Overall: increasing (57.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 38.6 (%).Trend:Decrease 26.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 104.36 (%).Trend:Increase 170.36% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 48.94 (%).Trend:Decrease 53.1% than previous quarter

Overall: increasing (26.79%). 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 28.55 (%).Trend:Decrease 31.06% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 86.05 (%).Trend:Increase 201.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 46.02 (%).Trend:Decrease 46.52% than previous quarter

Overall: increasing (61.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.18 (%).Trend:Decrease 5.73% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.84 (%).Trend:Increase 5.9% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.78 (%).Trend:Decrease 0.51% than previous quarter

Overall: increasing (5.37%). 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 35.12 (%).Trend:Increase 1.62% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 39.38 (%).Trend:Increase 12.13% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 35.91 (%).Trend:Decrease 8.81% than previous quarter

Overall: increasing (2.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.03 (USD).Trend:Decrease 48.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.33 (USD).Trend:Increase 126.21% than previous quarter

Overall: increasing (16.5%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 exhibit considerable volatility. Working capital efficiency shows fluctuating liabilities and current assets on revenue. Cost efficiency demonstrates a stable SG&A expense ratio, contrasting with substantial variations in the retained earnings to revenue ratio. Investment efficiency displays consistent slight increases in retained earnings on assets. Earning per share exhibits significant increases and decreases, highlighting fluctuating profitability.