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 36.71 (%).Trend:Decrease 30.74% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 113.65 (%).Trend:Increase 209.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 54.78 (%).Trend:Decrease 51.8% than previous quarter

Overall: increasing (49.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 92.63 (%).Trend:Decrease 34.54% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 292.8 (%).Trend:Increase 216.1% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 145.48 (%).Trend:Decrease 50.31% than previous quarter

Overall: increasing (57.05%). 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 -25.07 (%).Trend:Decrease 48.25% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -54.2 (%).Trend:Increase 116.19% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -29.27 (%).Trend:Decrease 46.0% than previous quarter

Overall: decreasing (16.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -21.65 (%).Trend:Decrease 18.58% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -15.15 (%).Trend:Decrease 30.02% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -16.49 (%).Trend:Increase 8.84% than previous quarter

Overall: increasing (-23.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.92 (USD).Trend:Increase 1433.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.75 (USD).Trend:Decrease 18.48% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.33 (USD).Trend:Increase 77.33% than previous quarter

Overall: increasing (44.57%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2020 to Q2 2021 reveals significant fluctuations. Liabilities on Revenue increased by 49.22%, while Current assets on Revenue increased by 57.05%, both showing high variability. The Ratio of Retained Earnings to Revenue decreased (-16.75%), indicating instability. Retained Earning on Assets also increased (-23.83%), reflecting significant volatility.  Earnings per share increased (44.57%), also showing substantial change.