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 34.91 (%).Trend:Decrease 24.26% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.11 (%).Trend:Increase 109.42% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 42.05 (%).Trend:Decrease 42.48% than previous quarter

Overall: increasing (20.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 83.19 (%).Trend:Decrease 32.96% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 148.73 (%).Trend:Increase 78.78% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.6 (%).Trend:Decrease 40.43% than previous quarter

Overall: increasing (6.5%). 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 274.19 (%).Trend:Decrease 34.61% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 362.39 (%).Trend:Increase 32.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 191.5 (%).Trend:Decrease 47.16% than previous quarter

Overall: decreasing (-30.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.87 (%).Trend:Increase 8.72% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.17 (%).Trend:Increase 69.52% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.21 (%).Trend:Decrease 30.28% than previous quarter

Overall: increasing (18.18%). Fluctuation: **Significant** (high 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 57.71 (%).Trend:Decrease 2.58% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 42.55 (%).Trend:Decrease 26.27% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 43.46 (%).Trend:Increase 2.14% than previous quarter

Overall: decreasing (-24.69%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.75 (USD).Trend:Decrease 175.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.32 (USD).Trend:Increase 209.33% than previous quarter

Overall: increasing (-332.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 shows significant volatility in working capital and cost efficiency.  Liabilities and current assets on revenue demonstrate large fluctuations. The retained earnings-to-revenue ratio is decreasing substantially. The SG&A expense ratio is also increasing, with significant variations. Investment efficiency shows a slight decrease in retained earnings on assets, but with moderate fluctuation.  Earning per share shows a large increase from a loss to a gain, with significant volatility.