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 47.48 (%).Trend:Decrease 2.88% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 180.27 (%).Trend:Increase 279.68% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.03 (%).Trend:Decrease 51.72% than previous quarter

Overall: increasing (83.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81.87 (%).Trend:Decrease 43.24% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 399.6 (%).Trend:Increase 388.09% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 192.69 (%).Trend:Decrease 51.78% than previous quarter

Overall: increasing (135.36%). 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 -428.65 (%).Trend:Decrease 12.63% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1806.59 (%).Trend:Increase 321.46% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -805.89 (%).Trend:Decrease 55.39% than previous quarter

Overall: decreasing (88.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 104.16 (%).Trend:Increase 11.22% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 118.96 (%).Trend:Increase 14.21% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 99.61 (%).Trend:Decrease 16.27% than previous quarter

Overall: decreasing (-4.37%). 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 -328.99 (%).Trend:Increase 39.99% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -324.48 (%).Trend:Decrease 1.37% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -318.95 (%).Trend:Decrease 1.7% than previous quarter

Overall: increasing (-3.05%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis covers Q3 2020 to Q2 2021 (3 quarters). Liabilities on Revenue increased by 83.3% with significant fluctuation. Current assets on Revenue increased by 135.36% with significant fluctuation. Ratio of Retained Earnings to Revenue decreased by 88.01% with significant fluctuation. SG&A Expense Ratio decreased by -4.37% with little fluctuation. Retained Earnings on Assets increased slightly with significant fluctuation.