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 19.97 (%).Trend:Decrease 36.24% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 76.2 (%).Trend:Increase 281.57% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.66 (%).Trend:Decrease 34.83% than previous quarter

Overall: increasing (148.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 47.2 (%).Trend:Decrease 28.6% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 151.18 (%).Trend:Increase 220.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 85.68 (%).Trend:Decrease 43.33% than previous quarter

Overall: increasing (81.53%). 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 -27.07 (%).Trend:Decrease 30.34% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -115.02 (%).Trend:Increase 324.9% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -55.68 (%).Trend:Decrease 51.59% than previous quarter

Overall: decreasing (105.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.75 (%).Trend:Decrease 4.59% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.98 (%).Trend:Increase 10.5% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.05 (%).Trend:Decrease 8.62% than previous quarter

Overall: increasing (0.98%). 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 -23.2 (%).Trend:Increase 3.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -30.41 (%).Trend:Increase 31.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -29.93 (%).Trend:Decrease 1.58% than previous quarter

Overall: decreasing (29.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -7.0 (USD).Trend:Increase 16.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.11 (USD).Trend:Decrease 84.14% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.68 (USD).Trend:Increase 51.35% than previous quarter

Overall: increasing (-76.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows substantial fluctuation. Liabilities on revenue increased (148.67%) from Q3 2020 to Q2 2021, with a decrease in Q3 2020, a large increase in Q1 2021, and a subsequent decrease in Q2 2021. Current assets on revenue also trended upward (81.53%), exhibiting significant variation with large increases and decreases. Cost efficiency shows a notable decrease (105.69%) in the ratio of retained earnings to revenue. SG&A expense ratio trended slightly upward (0.98%). Investment efficiency displays a significant downward trend (29.01%) in retained earnings on assets. Earning per share trended upward (-76.0%).