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 30.14 (%).Trend:Decrease 30.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 72.19 (%).Trend:Increase 139.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.34 (%).Trend:Decrease 46.89% than previous quarter

Overall: increasing (27.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 68.34 (%).Trend:Decrease 33.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 190.13 (%).Trend:Increase 178.21% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 101.71 (%).Trend:Decrease 46.51% than previous quarter

Overall: increasing (48.83%). 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 -1.46 (%).Trend:Decrease 70.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 10.77 (%).Trend:Decrease 837.67% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 8.84 (%).Trend:Decrease 17.92% than previous quarter

Overall: increasing (-705.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.61 (%).Trend:Increase 0.38% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.47 (%).Trend:Increase 4.62% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.05 (%).Trend:Decrease 2.16% than previous quarter

Overall: increasing (2.36%). 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 -0.75 (%).Trend:Decrease 56.14% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.05 (%).Trend:Decrease 373.33% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 3.32 (%).Trend:Increase 61.95% than previous quarter

Overall: increasing (-542.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.91 (USD).Trend:Increase 35.82% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 64.84% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.65 (USD).Trend:Increase 103.12% than previous quarter

Overall: decreasing (-28.57%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2020 to Q2 2021 reveals significant fluctuations. Liabilities and current assets on revenue show a similar trend: a decrease followed by a sharp increase then a decrease. Ratio of retained earnings to revenue increased significantly. SG&A expense ratio showed a small increase. Retained earnings on assets increased substantially, and earnings per share decreased significantly overall but fluctuated significantly.