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 59.78 (%).Trend:Decrease 40.12% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 193.82 (%).Trend:Increase 224.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 82.05 (%).Trend:Decrease 57.67% than previous quarter

Overall: increasing (37.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 61.85 (%).Trend:Decrease 35.78% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 178.5 (%).Trend:Increase 188.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 85.99 (%).Trend:Decrease 51.83% than previous quarter

Overall: increasing (39.03%). 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 -155.19 (%).Trend:Decrease 29.72% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -546.27 (%).Trend:Increase 252.0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -262.91 (%).Trend:Decrease 51.87% than previous quarter

Overall: decreasing (69.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.4 (%).Trend:Increase 0.66% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.37 (%).Trend:Decrease 18.05% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.07 (%).Trend:Increase 6.21% than previous quarter

Overall: decreasing (-12.96%). Fluctuation: **Neutral** (moderate 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 -69.19 (%).Trend:Increase 6.36% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -76.92 (%).Trend:Increase 11.17% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -77.7 (%).Trend:Increase 1.01% than previous quarter

Overall: decreasing (12.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.9 (USD).Trend:Increase 66.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.53 (USD).Trend:Decrease 41.11% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.07 (USD).Trend:Increase 101.89% than previous quarter

Overall: decreasing (18.89%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities and current assets on revenue increased, indicating improved working capital, though with significant fluctuations.  The ratio of retained earnings to revenue worsened considerably. SG&A expenses decreased slightly. Retained earnings on assets and earnings per share also decreased significantly.