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 35.6 (%).Trend:Decrease 37.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 98.86 (%).Trend:Increase 177.7% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.63 (%).Trend:Decrease 51.82% than previous quarter

Overall: increasing (33.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 57.22 (%).Trend:Decrease 36.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 178.51 (%).Trend:Increase 211.97% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 90.74 (%).Trend:Decrease 49.17% than previous quarter

Overall: increasing (58.58%). 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 92.61 (%).Trend:Decrease 33.67% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 287.67 (%).Trend:Increase 210.63% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 140.1 (%).Trend:Decrease 51.3% than previous quarter

Overall: increasing (51.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.65 (%).Trend:Decrease 3.67% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.91 (%).Trend:Increase 4.4% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.38 (%).Trend:Decrease 5.12% than previous quarter

Overall: decreasing (-0.94%). 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 44.65 (%).Trend:Increase 1.34% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 45.58 (%).Trend:Increase 2.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 45.72 (%).Trend:Increase 0.31% than previous quarter

Overall: increasing (2.4%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -5.24 (USD).Trend:Decrease 13.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.68 (USD).Trend:Decrease 112.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.76 (USD).Trend:Increase 158.82% than previous quarter

Overall: increasing (-133.59%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal mixed trends. Liabilities and current assets on revenue are experiencing significant fluctuations, increasing then decreasing. Cost efficiency reports a significant increase in the ratio of retained earnings to revenue, but with large variance.  SG&A expenses are showing minor fluctuation. Investment efficiency exhibits a stable upward trend in retained earnings on assets. Earnings per share are showing significant fluctuations, with both positive and negative values, signaling a period of volatility.