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 26.35 (%).Trend:Decrease 53.67% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 139.49 (%).Trend:Increase 429.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.57 (%).Trend:Decrease 60.16% than previous quarter

Overall: increasing (110.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 76.22 (%).Trend:Decrease 45.0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 455.49 (%).Trend:Increase 497.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 165.41 (%).Trend:Decrease 63.69% than previous quarter

Overall: increasing (117.02%). 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 54.49 (%).Trend:Decrease 40.98% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 341.13 (%).Trend:Increase 526.04% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 117.74 (%).Trend:Decrease 65.49% than previous quarter

Overall: increasing (116.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.52 (%).Trend:Decrease 18.62% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 53.07 (%).Trend:Increase 58.32% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.57 (%).Trend:Decrease 29.21% than previous quarter

Overall: increasing (12.08%). Fluctuation: **Neutral** (moderate variation).


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 50.72 (%).Trend:Increase 13.44% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 52.26 (%).Trend:Increase 3.04% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 52.07 (%).Trend:Decrease 0.36% than previous quarter

Overall: increasing (2.66%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q3 2020 to Q2 2021 reveals substantial increases in Liabilities on Revenue (110.89%), Current Assets on Revenue (117.02%), and Ratio of Retained Earnings to Revenue (116.08%). These show significant volatility. The Selling, General & Administrative (SG&A) Expense Ratio experienced a modest increase (12.08%) with moderate fluctuation.  Retained Earning on Assets saw a slight increase (2.66%) and low variability.