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 25.04 (%).Trend:Decrease 27.53% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 72.72 (%).Trend:Increase 190.42% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.67 (%).Trend:Decrease 44.07% than previous quarter

Overall: increasing (62.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 45.91 (%).Trend:Decrease 28.07% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 145.48 (%).Trend:Increase 216.88% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 74.83 (%).Trend:Decrease 48.56% than previous quarter

Overall: increasing (62.99%). 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 -8.45 (%).Trend:Decrease 31.96% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -22.49 (%).Trend:Increase 166.15% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -5.1 (%).Trend:Decrease 77.32% than previous quarter

Overall: increasing (-39.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.51 (%).Trend:Increase 1.99% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.92 (%).Trend:Decrease 7.39% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.99 (%).Trend:Increase 0.35% than previous quarter

Overall: decreasing (-7.07%). Fluctuation: **Little** (low 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 -7.76 (%).Trend:Decrease 1.65% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -7.16 (%).Trend:Decrease 7.73% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -3.34 (%).Trend:Decrease 53.35% than previous quarter

Overall: increasing (-56.96%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2020 to Q2 2021 reveals significant fluctuations. Liabilities on revenue increased by 62.42%, and current assets on revenue increased by 62.99%, both exhibiting high variability.  The ratio of retained earnings to revenue showed a significant increase (-39.64%), demonstrating volatility.  In contrast, the SG&A expense ratio decreased slightly (-7.07%) with low variation.  Retained earnings on assets also increased significantly (-56.96%). Data covers three quarters.