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 13.97 (%).Trend:Decrease 18.26% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.69 (%).Trend:Increase 241.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.61 (%).Trend:Decrease 44.2% than previous quarter

Overall: increasing (90.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 70.37 (%).Trend:Decrease 17.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 181.93 (%).Trend:Increase 158.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 99.91 (%).Trend:Decrease 45.08% than previous quarter

Overall: increasing (41.98%). 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 26.07 (%).Trend:Decrease 8.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 88.57 (%).Trend:Increase 239.74% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 46.21 (%).Trend:Decrease 47.83% than previous quarter

Overall: increasing (77.25%). 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 22.64 (%).Trend:Increase 28.71% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.1 (%).Trend:Decrease 6.8% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.93 (%).Trend:Increase 8.67% than previous quarter

Overall: increasing (1.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.46 (USD).Trend:Increase 155.56% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 58.7% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 126.32% than previous quarter

Overall: decreasing (-6.52%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased drastically in Q1 2021, then decreased significantly in Q2 and Q3 2021.  Current assets on revenue also saw a large increase in Q1 2021, followed by substantial decreases in Q2 and Q3 2021.  Cost efficiency, measured by the ratio of retained earnings to revenue, exhibits similarly high variation, increasing sharply in Q1 2021, decreasing substantially in Q2 and Q3 2021.  Investment efficiency (retained earnings on assets) shows a more stable pattern of growth, although fluctuating. Earnings per share are highly volatile, showing an increase in Q3 2020, a decrease in Q1 2021, and an increase again in Q2 and Q3 2021.