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 37.86 (%).Trend:Decrease 26.05% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 79.12 (%).Trend:Increase 108.98% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.25 (%).Trend:Decrease 41.54% than previous quarter

Overall: increasing (22.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 36.94 (%).Trend:Decrease 16.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 111.9 (%).Trend:Increase 202.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 55.96 (%).Trend:Decrease 49.99% than previous quarter

Overall: increasing (51.49%). 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 71.72 (%).Trend:Decrease 35.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 200.42 (%).Trend:Increase 179.45% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 34.65 (%).Trend:Decrease 82.71% than previous quarter

Overall: decreasing (-51.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.56 (%).Trend:Increase 2.18% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Decrease 14.7% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.49 (%).Trend:Increase 8.62% than previous quarter

Overall: decreasing (-7.35%). 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 58.09 (%).Trend:Decrease 3.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 56.66 (%).Trend:Decrease 2.46% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 18.99 (%).Trend:Decrease 66.48% than previous quarter

Overall: decreasing (-67.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 40.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.34 (USD).Trend:Increase 78.0% than previous quarter

Overall: increasing (6.8%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 demonstrates significant volatility. Liabilities and current assets on revenue showed considerable increases and decreases across quarters. Cost efficiency, as measured by the ratio of retained earnings to revenue, experienced large swings. SG&A expense ratio fluctuated slightly. Investment efficiency showed a substantial decline in retained earnings on assets. Earnings per share exhibited substantial quarter-to-quarter fluctuations but ultimately displayed an overall increase.