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 37.4 (%).Trend:Decrease 39.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 61.05 (%).Trend:Increase 63.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.53 (%).Trend:Decrease 45.08% than previous quarter

Overall: decreasing (-10.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 253.56 (%).Trend:Decrease 18.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 274.89 (%).Trend:Increase 8.41% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 139.83 (%).Trend:Decrease 49.13% than previous quarter

Overall: decreasing (-44.85%). 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 353.59 (%).Trend:Decrease 29.06% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 320.02 (%).Trend:Decrease 9.49% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 162.09 (%).Trend:Decrease 49.35% than previous quarter

Overall: decreasing (-54.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 69.47 (%).Trend:Increase 7.12% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.04 (%).Trend:Decrease 71.15% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.41 (%).Trend:Increase 11.83% than previous quarter

Overall: decreasing (-67.74%). 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 47.75 (%).Trend:Decrease 1.2% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 45.13 (%).Trend:Decrease 5.49% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 44.31 (%).Trend:Decrease 1.82% than previous quarter

Overall: decreasing (-7.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.14 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 92.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.61 (USD).Trend:Increase 662.5% than previous quarter

Overall: increasing (-46.49%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows significant fluctuations and declines across key metrics. Working capital efficiency metrics, such as liabilities and current assets on revenue, are decreasing significantly. Cost efficiency, represented by the ratio of retained earnings to revenue and SG&A, shows dramatic declines with high volatility.  Investment efficiency, measured by retained earnings on assets, displays a more stable downward trend.  Earnings per share show substantial losses with significant volatility,  raising concern about profitability.