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 36.67 (%).Trend:Decrease 18.57% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 141.64 (%).Trend:Increase 286.26% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 71.23 (%).Trend:Decrease 49.71% than previous quarter

Overall: increasing (94.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 78.33 (%).Trend:Decrease 25.34% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 315.17 (%).Trend:Increase 302.36% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 149.22 (%).Trend:Decrease 52.65% than previous quarter

Overall: increasing (90.5%). 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 49.03 (%).Trend:Decrease 33.26% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 203.63 (%).Trend:Increase 315.32% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 92.84 (%).Trend:Decrease 54.41% than previous quarter

Overall: increasing (89.35%). 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 27.35 (%).Trend:Decrease 7.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 26.98 (%).Trend:Decrease 1.35% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 27.06 (%).Trend:Increase 0.3% than previous quarter

Overall: decreasing (-1.06%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.92 (USD).Trend:Increase 24.68% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.58 (USD).Trend:Decrease 130.21% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.06 (USD).Trend:Decrease 89.66% than previous quarter

Overall: decreasing (-103.12%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows high volatility.  Liabilities and current assets on revenue increased significantly (94.25% and 90.5%, respectively) with high fluctuation.  Cost efficiency (retained earnings to revenue) also increased (89.35%), but with substantial variability. Retained earnings on assets decreased minimally (-1.06%), while earnings per share dropped substantially (-103.12%). These figures highlight a period of financial instability.