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 41.29 (%).Trend:Increase 6.25% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 98.66 (%).Trend:Increase 138.94% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 54.99 (%).Trend:Decrease 44.26% than previous quarter

Overall: increasing (33.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 40.5 (%).Trend:Increase 58.57% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 95.04 (%).Trend:Increase 134.67% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 51.8 (%).Trend:Decrease 45.5% than previous quarter

Overall: increasing (27.9%). 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 -13.7 (%).Trend:Decrease 52.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -24.81 (%).Trend:Increase 81.09% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -9.88 (%).Trend:Decrease 60.18% than previous quarter

Overall: increasing (-27.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.48 (%).Trend:Decrease 6.86% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.32 (%).Trend:Decrease 17.5% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.25 (%).Trend:Decrease 0.29% than previous quarter

Overall: decreasing (-17.74%). 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 -3.42 (%).Trend:Decrease 69.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -2.41 (%).Trend:Decrease 29.53% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -1.92 (%).Trend:Decrease 20.33% than previous quarter

Overall: increasing (-43.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.08 (USD).Trend:Decrease 34.59% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.75 (USD).Trend:Decrease 63.94% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.53 (USD).Trend:Increase 104.0% than previous quarter

Overall: decreasing (-26.44%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 reveals fluctuating working capital efficiency. Liabilities on revenue increased significantly but then decreased in the second quarter. Current assets on revenue also increased substantially with subsequent declines. Cost efficiency shows a decreasing trend in the SG&A expense ratio. However, retained earnings to revenue and investment efficiency exhibit substantial, negative variations. Earnings per share also experienced a sharp decline overall. The data suggests significant volatility and potential need for financial strategy adjustments.