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 90.03 (%).Trend:Decrease 45.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 258.48 (%).Trend:Increase 187.1% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 139.07 (%).Trend:Decrease 46.2% than previous quarter

Overall: increasing (54.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 147.53 (%).Trend:Decrease 39.12% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 443.51 (%).Trend:Increase 200.62% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 235.11 (%).Trend:Decrease 46.99% than previous quarter

Overall: increasing (59.36%). 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 49.79 (%).Trend:Decrease 30.08% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 164.87 (%).Trend:Increase 231.13% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 87.89 (%).Trend:Decrease 46.69% than previous quarter

Overall: increasing (76.52%). 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 23.76 (%).Trend:Increase 14.89% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 25.53 (%).Trend:Increase 7.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 25.19 (%).Trend:Decrease 1.33% than previous quarter

Overall: increasing (6.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.49 (USD).Trend:Increase 137.14% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.78 (USD).Trend:Decrease 68.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 111.54% than previous quarter

Overall: decreasing (-33.73%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show significant fluctuations in working capital efficiency metrics.  Liabilities on revenue increased overall by 54.47%, with substantial quarter-to-quarter variation.  Current assets on revenue also increased overall by 59.36%, displaying similar volatility.  Cost efficiency, measured by the ratio of retained earnings to revenue, saw an overall increase of 76.52%, but again with considerable quarter-to-quarter changes.  Investment efficiency, as measured by retained earnings on assets, showed a more stable, moderate increase of 6.02%.  Earnings per share, however, decreased overall by 33.73% with large swings between quarters.