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 24.23 (%).Trend:Decrease 20.43% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 67.39 (%).Trend:Increase 178.13% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.93 (%).Trend:Decrease 57.07% than previous quarter

Overall: increasing (19.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 77.23 (%).Trend:Decrease 34.82% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 191.47 (%).Trend:Increase 147.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 81.68 (%).Trend:Decrease 57.34% than previous quarter

Overall: increasing (5.76%). 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 11.2 (%).Trend:Decrease 36.72% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 40.32 (%).Trend:Increase 260.0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 18.9 (%).Trend:Decrease 53.12% than previous quarter

Overall: increasing (68.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.73 (%).Trend:Decrease 10.56% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.26 (%).Trend:Increase 30.75% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.05 (%).Trend:Decrease 16.67% than previous quarter

Overall: increasing (8.96%). 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 5.9 (%).Trend:Increase 3.51% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 7.49 (%).Trend:Increase 26.95% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.67 (%).Trend:Increase 15.75% than previous quarter

Overall: increasing (46.95%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -4.6 (USD).Trend:Decrease 8.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 100.65% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.64 (USD).Trend:Increase 2033.33% than previous quarter

Overall: increasing (-113.91%). Fluctuation: **Significant** (high variation).



Significant fluctuations are seen in Q3 2020 to Q2 2021. Liabilities on revenue, and current assets on revenue, demonstrate significant ups and downs. Cost efficiency, as measured by the ratio of retained earnings to revenue and SG&A expense ratios, also exhibits substantial variation. Investment efficiency remains neutral with moderate fluctuations, while earnings per share show large swings.