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 72.58 (%).Trend:Decrease 35.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 198.01 (%).Trend:Increase 172.82% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.1 (%).Trend:Decrease 56.01% than previous quarter

Overall: increasing (20.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 126.13 (%).Trend:Decrease 37.42% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 422.23 (%).Trend:Increase 234.76% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 200.43 (%).Trend:Decrease 52.53% than previous quarter

Overall: increasing (58.91%). 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 -41.18 (%).Trend:Decrease 33.51% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -209.51 (%).Trend:Increase 408.77% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -108.13 (%).Trend:Decrease 48.39% than previous quarter

Overall: decreasing (162.58%). 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 -15.08 (%).Trend:Increase 10.15% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -21.86 (%).Trend:Increase 44.96% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -23.74 (%).Trend:Increase 8.6% than previous quarter

Overall: decreasing (57.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -2.12 (USD).Trend:Increase 23.26% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.59 (USD).Trend:Decrease 72.17% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 50.85% than previous quarter

Overall: increasing (-58.02%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal significant volatility. Working capital efficiency, measured by liabilities and current assets on revenue, exhibited substantial increases and decreases. Cost efficiency, as reflected in the ratio of retained earnings to revenue, decreased steadily.  Investment efficiency, as indicated by retained earnings on assets, also declined, while earnings per share showed increases and decreases.  The significant fluctuations indicate potential internal factors affecting the company's performance.