Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 56.78 (%).Trend:Decrease 64.59% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 88.57 (%).Trend:Increase 55.99% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 43.87 (%).Trend:Decrease 50.47% than previous quarter

Overall: decreasing (-22.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 157.85 (%).Trend:Decrease 69.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 273.56 (%).Trend:Increase 73.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 141.14 (%).Trend:Decrease 48.41% than previous quarter

Overall: decreasing (-10.59%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 81.39 (%).Trend:Decrease 69.81% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 125.85 (%).Trend:Increase 54.63% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 65.84 (%).Trend:Decrease 47.68% than previous quarter

Overall: decreasing (-19.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.32 (%).Trend:Decrease 27.98% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.72 (%).Trend:Decrease 34.05% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.93 (%).Trend:Increase 1.43% than previous quarter

Overall: decreasing (-33.11%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 2 in 2020 to Quater 2 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets 15.73 (%).Trend:Decrease 7.96% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 16.75 (%).Trend:Increase 6.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 17.66 (%).Trend:Increase 5.43% than previous quarter

Overall: increasing (12.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.58 (USD).Trend:Increase 305.13% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.39 (USD).Trend:Decrease 124.68% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.17 (USD).Trend:Increase 200.0% than previous quarter

Overall: increasing (-174.05%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q2 2021 depict a period of fluctuating financial performance. Liabilities and current assets on revenue generally declined but with substantial volatility. Cost efficiency, indicated by retained earnings/revenue and SG&A ratios, also displayed significant decreases. Investment efficiency, shown by retained earnings on assets, increased slightly. Earnings per share showed an overall increasing trend, but with extreme fluctuations between quarters.  Overall, the period is marked by significant volatility in various key financial metrics.