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 20.83 (%).Trend:Decrease 13.6% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 59.27 (%).Trend:Increase 184.54% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.15 (%).Trend:Decrease 45.76% than previous quarter

Overall: increasing (54.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 57.6 (%).Trend:Decrease 29.26% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 238.69 (%).Trend:Increase 314.39% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 123.0 (%).Trend:Decrease 48.47% than previous quarter

Overall: increasing (113.54%). 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 59.75 (%).Trend:Decrease 28.57% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 173.17 (%).Trend:Increase 189.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 87.48 (%).Trend:Decrease 49.48% than previous quarter

Overall: increasing (46.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.14 (%).Trend:Decrease 2.59% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.52 (%).Trend:Decrease 8.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.19 (%).Trend:Decrease 5.06% than previous quarter

Overall: decreasing (-13.31%). 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 47.13 (%).Trend:Increase 4.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 40.89 (%).Trend:Decrease 13.24% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.84 (%).Trend:Decrease 0.12% than previous quarter

Overall: decreasing (-13.35%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2020 to Q2 2021 reveals substantial fluctuations in working capital. Liabilities on revenue increased dramatically in Q1 2021 after a decrease in Q3 2020, then decreased in Q2 2021, resulting in an overall increase (54.34%).  Current assets also show a substantial increase in Q1 2021, followed by decreases in Q2 and Q3 2021, leading to an overall increase (113.54%).  Cost efficiency (ratio of retained earnings to revenue) shows significant fluctuations (up 46.41%) and instability across the quarters.  SG&A expense ratio exhibits minor fluctuations, decreasing overall (-13.31%).  Investment efficiency shows a slight decrease overall (-13.35%) in retained earnings on assets with little fluctuation.