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 26.49 (%).Trend:Decrease 37.7% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 65.67 (%).Trend:Increase 147.9% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 34.18 (%).Trend:Decrease 47.95% than previous quarter

Overall: increasing (29.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 93.29 (%).Trend:Decrease 28.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 252.28 (%).Trend:Increase 170.43% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 128.17 (%).Trend:Decrease 49.2% than previous quarter

Overall: increasing (37.39%). 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 133.21 (%).Trend:Decrease 30.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 403.02 (%).Trend:Increase 202.54% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 208.0 (%).Trend:Decrease 48.39% than previous quarter

Overall: increasing (56.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.86 (%).Trend:Decrease 1.8% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.19 (%).Trend:Decrease 2.4% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.2 (%).Trend:Increase 0.04% than previous quarter

Overall: decreasing (-2.37%). 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 62.57 (%).Trend:Increase 2.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 67.97 (%).Trend:Increase 8.63% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 70.38 (%).Trend:Increase 3.55% than previous quarter

Overall: increasing (12.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.83 (USD).Trend:Increase 176.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.54 (USD).Trend:Decrease 34.94% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.33 (USD).Trend:Increase 146.3% than previous quarter

Overall: increasing (60.24%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities on revenue and current assets on revenue increased overall, showing growth but with significant fluctuations. The ratio of retained earnings to revenue also increased significantly.  The SG&A expense ratio slightly decreased, indicating controlled spending. Retained earnings on assets increased steadily, and earning per share showed significant fluctuation with an overall increase.