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 24.11 (%).Trend:Decrease 29.15% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71.97 (%).Trend:Increase 198.51% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.94 (%).Trend:Decrease 48.67% than previous quarter

Overall: increasing (53.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 140.74 (%).Trend:Decrease 30.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 401.75 (%).Trend:Increase 185.46% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 195.7 (%).Trend:Decrease 51.29% than previous quarter

Overall: increasing (39.05%). 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 37.45 (%).Trend:Decrease 32.41% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 97.14 (%).Trend:Increase 159.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 47.78 (%).Trend:Decrease 50.81% than previous quarter

Overall: increasing (27.58%). 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 17.54 (%).Trend:Decrease 2.5% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 15.71 (%).Trend:Decrease 10.43% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 16.05 (%).Trend:Increase 2.16% than previous quarter

Overall: decreasing (-8.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.03 (USD).Trend:Decrease 160.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.03 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.2 (USD).Trend:Decrease 766.67% than previous quarter

Overall: increasing (-766.67%). Fluctuation: **Significant** (high variation).



Between Q3 2020 and Q2 2021, liabilities and current assets on revenue increased, although with significant fluctuations. The ratio of retained earnings to revenue also increased, again with significant fluctuation. Retained earnings on assets decreased slightly, while earnings per share showed significant fluctuation and an overall increase despite a large negative value in one quarter.