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 28.12 (%).Trend:Decrease 33.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 80.95 (%).Trend:Increase 187.87% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.2 (%).Trend:Decrease 52.81% than previous quarter

Overall: increasing (35.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 16.06 (%).Trend:Decrease 48.58% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 59.66 (%).Trend:Increase 271.48% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 25.62 (%).Trend:Decrease 57.06% than previous quarter

Overall: increasing (59.53%). 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 41.19 (%).Trend:Decrease 35.51% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 115.53 (%).Trend:Increase 180.48% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 51.87 (%).Trend:Decrease 55.1% than previous quarter

Overall: increasing (25.93%). 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 22.45 (%).Trend:Increase 1.31% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 23.76 (%).Trend:Increase 5.84% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 24.92 (%).Trend:Increase 4.88% than previous quarter

Overall: increasing (11.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.92 (USD).Trend:Increase 15.66% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 92.71% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.14 (USD).Trend:Decrease 200.0% than previous quarter

Overall: increasing (-107.29%). Fluctuation: **Significant** (high variation).



The Q3 2020 - Q2 2021 data shows considerable volatility.  Increases in liabilities on revenue (35.85%), current assets on revenue (59.53%), and the ratio of retained earnings to revenue (25.93%) suggest improved working capital management and cost efficiency.  Retained earnings on assets also experienced a modest increase (11%).  However, a significant increase in earnings per share (-107.29%) warrants further scrutiny.