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 34.2 (%).Trend:Decrease 31.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 76.21 (%).Trend:Increase 122.84% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.08 (%).Trend:Decrease 47.41% than previous quarter

Overall: increasing (17.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 278.3 (%).Trend:Decrease 46.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 499.15 (%).Trend:Increase 79.36% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 245.33 (%).Trend:Decrease 50.85% than previous quarter

Overall: decreasing (-11.85%). 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 -91.23 (%).Trend:Decrease 44.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -159.91 (%).Trend:Increase 75.28% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -81.8 (%).Trend:Decrease 48.85% than previous quarter

Overall: increasing (-10.34%). 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 -22.76 (%).Trend:Decrease 4.57% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -20.52 (%).Trend:Decrease 9.84% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -20.44 (%).Trend:Decrease 0.39% than previous quarter

Overall: increasing (-10.19%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.25 (USD).Trend:Decrease 10.71% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 120.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.03 (USD).Trend:Decrease 40.0% than previous quarter

Overall: increasing (-112.0%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2020 to Q2 2021 data indicates significant fluctuations. Liabilities on revenue increased by 17.19%, while current assets on revenue decreased by 11.85%, both showing significant variation.  The ratio of retained earnings to revenue showed a small overall increase (-10.34%),  and retained earnings on assets increased by -10.19%. Earnings per share showed a large decrease (-112.0%).