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 45.75 (%).Trend:Decrease 35.38% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 129.0 (%).Trend:Increase 181.97% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 52.78 (%).Trend:Decrease 59.09% than previous quarter

Overall: increasing (15.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81.82 (%).Trend:Decrease 36.52% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 290.52 (%).Trend:Increase 255.07% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 127.0 (%).Trend:Decrease 56.29% than previous quarter

Overall: increasing (55.22%). 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 436.41 (%).Trend:Decrease 36.44% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 1192.37 (%).Trend:Increase 173.22% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 575.37 (%).Trend:Decrease 51.75% than previous quarter

Overall: increasing (31.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.38 (%).Trend:Decrease 5.72% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.53 (%).Trend:Decrease 7.29% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.36 (%).Trend:Decrease 0.72% than previous quarter

Overall: decreasing (-7.96%). 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 257.15 (%).Trend:Increase 0.7% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 225.94 (%).Trend:Decrease 12.14% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 239.18 (%).Trend:Increase 5.86% than previous quarter

Overall: decreasing (-6.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 4.89 (USD).Trend:Increase 72.18% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.38 (USD).Trend:Decrease 51.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.09 (USD).Trend:Increase 113.87% than previous quarter

Overall: increasing (4.09%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 reveals considerable volatility. Working capital efficiency shows substantial fluctuations in liabilities and current assets on revenue. Cost efficiency displays a notable upward trend in the ratio of retained earnings to revenue, however, fluctuating greatly over the period.  SG&A expense ratios show a slight decrease. Investment efficiency displays a moderate decrease in retained earnings on assets. Earnings per share demonstrate significant fluctuations, with an overall upward trend.