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 16.87 (%).Trend:Decrease 36.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 95.97 (%).Trend:Increase 468.88% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 30.79 (%).Trend:Decrease 67.92% than previous quarter

Overall: increasing (82.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 52.55 (%).Trend:Decrease 33.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 167.02 (%).Trend:Increase 217.83% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 67.66 (%).Trend:Decrease 59.49% than previous quarter

Overall: increasing (28.75%). 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 106.35 (%).Trend:Decrease 31.25% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 320.07 (%).Trend:Increase 200.96% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 152.07 (%).Trend:Decrease 52.49% than previous quarter

Overall: increasing (42.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.04 (%).Trend:Decrease 7.02% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.75 (%).Trend:Decrease 9.19% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.07 (%).Trend:Decrease 5.33% than previous quarter

Overall: decreasing (-14.03%). 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 96.63 (%).Trend:Decrease 0.45% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 87.29 (%).Trend:Decrease 9.67% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 94.26 (%).Trend:Increase 7.98% than previous quarter

Overall: decreasing (-2.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.14 (USD).Trend:Decrease 26.45% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 63.16% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.95 (USD).Trend:Increase 126.19% than previous quarter

Overall: decreasing (-16.67%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 exhibits significant fluctuations. Liabilities and current assets on revenue show substantial increases and decreases, indicating potential instability in working capital management.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows substantial gains and losses, pointing towards volatile operational activities. SG&A expenses display a slight downward trend. Investment efficiency and earnings per share show a combination of increases and decreases, highlighting the variability in financial performance.  Further analysis is needed to identify the underlying causes of these fluctuations.