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 13.52 (%).Trend:Decrease 31.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 45.65 (%).Trend:Increase 237.65% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 23.27 (%).Trend:Decrease 49.03% than previous quarter

Overall: increasing (72.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 24.95 (%).Trend:Decrease 30.94% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 99.46 (%).Trend:Increase 298.64% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 48.21 (%).Trend:Decrease 51.53% than previous quarter

Overall: increasing (93.23%). 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 30.31 (%).Trend:Decrease 29.25% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 104.79 (%).Trend:Increase 245.73% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 51.39 (%).Trend:Decrease 50.96% than previous quarter

Overall: increasing (69.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 23.8 (%).Trend:Increase 3.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 24.51 (%).Trend:Increase 2.98% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 25.77 (%).Trend:Increase 5.14% than previous quarter

Overall: increasing (8.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.66 (USD).Trend:Increase 26.21% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 73.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.28 (USD).Trend:Increase 135.05% than previous quarter

Overall: decreasing (-37.7%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 reveals significant fluctuations across multiple metrics.  Working capital efficiency, as measured by liabilities and current assets relative to revenue, shows an overall increasing trend with substantial variance.  Cost efficiency, as indicated by the retained earnings to revenue ratio, also displays high volatility.  Investment efficiency remains somewhat stable, represented by the retained earnings on assets metric.  Finally, earnings per share exhibit a notable decline followed by an increase, with substantial fluctuation overall.