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 10.49 (%).Trend:Decrease 28.59% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 28.45 (%).Trend:Increase 171.21% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 12.42 (%).Trend:Decrease 56.34% than previous quarter

Overall: increasing (18.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 29.04 (%).Trend:Decrease 35.91% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 80.79 (%).Trend:Increase 178.2% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 38.54 (%).Trend:Decrease 52.3% than previous quarter

Overall: increasing (32.71%). 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 -8.58 (%).Trend:Decrease 52.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -10.71 (%).Trend:Increase 24.83% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 0.15 (%).Trend:Decrease 101.4% than previous quarter

Overall: increasing (-101.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.96 (%).Trend:Decrease 5.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.37 (%).Trend:Decrease 26.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.97 (%).Trend:Decrease 5.43% than previous quarter

Overall: decreasing (-30.02%). 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 -18.72 (%).Trend:Decrease 24.18% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -9.06 (%).Trend:Decrease 51.6% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 0.28 (%).Trend:Decrease 103.09% than previous quarter

Overall: increasing (-101.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 6.49 (USD).Trend:Increase 930.16% than previous quarter
Year 2021 Quarter 1: Earning Per Share 6.53 (USD).Trend:Increase 0.62% than previous quarter
Year 2021 Quarter 2: Earning Per Share 18.44 (USD).Trend:Increase 182.39% than previous quarter

Overall: increasing (184.13%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 showcases high volatility. Working capital efficiency, measured by liabilities and current assets on revenue, is increasing but with significant variation.  Cost efficiency, reflected by the ratio of retained earnings to revenue, shows an overall increase but with substantial fluctuations.  Investment efficiency (retained earnings on assets) is increasing overall but displays significant fluctuations.  Earnings per share is increasing with high volatility, while the Selling, General & Administrative (SG&A) expense ratio is decreasing with moderate variation.