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 11.69 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 43.3 (%).Trend:Increase 270.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.58 (%).Trend:Decrease 13.21% than previous quarter

Overall: increasing (221.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 43.78 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 94.24 (%).Trend:Increase 115.26% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 49.98 (%).Trend:Decrease 46.97% than previous quarter

Overall: increasing (14.16%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.1 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.59 (%).Trend:Decrease 36.12% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.62 (%).Trend:Decrease 5.22% than previous quarter

Overall: decreasing (-39.45%). Fluctuation: **Significant** (high variation).


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

Retained Earning on Assets
Earning Per Share


Financial review (Q3 2020 to Q2 2021) exhibits substantial volatility in liability-to-revenue and current asset-to-revenue.  Cost efficiency (SG&A) ratio has decreased significantly.  Detailed analysis is needed to understand the reasons for the trends and their potential business impact.