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 86.68 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 292.77 (%).Trend:Increase 237.76% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 166.05 (%).Trend:Decrease 43.28% than previous quarter

Overall: increasing (91.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 226.7 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 655.25 (%).Trend:Increase 189.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 337.47 (%).Trend:Decrease 48.5% than previous quarter

Overall: increasing (48.86%). 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 23.19 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 90.91 (%).Trend:Increase 292.02% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 47.47 (%).Trend:Decrease 47.78% than previous quarter

Overall: increasing (104.7%). 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 8.68 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.69 (%).Trend:Increase 23.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.06 (%).Trend:Increase 3.46% than previous quarter

Overall: increasing (27.42%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.57 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 49.12% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 117.24% than previous quarter

Overall: increasing (10.53%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2020 – Q2 2021 data shows increasing trends in liabilities on revenue (91.57%), current assets on revenue (48.86%), and ratio of retained earnings to revenue (104.7%). Retained earnings on assets also increased (27.42%) but with less fluctuation. Earnings per share increased (10.53%) with significant variation. Outliers and zero data should be omitted.