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 14.02 (%).Trend:Decrease 15.49% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 42.42 (%).Trend:Increase 202.57% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.77 (%).Trend:Decrease 36.89% than previous quarter

Overall: increasing (90.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 141.74 (%).Trend:Decrease 22.46% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 528.13 (%).Trend:Increase 272.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 298.4 (%).Trend:Decrease 43.5% than previous quarter

Overall: increasing (110.53%). 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 20.94 (%).Trend:Decrease 2.51% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 102.63 (%).Trend:Increase 390.11% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 62.1 (%).Trend:Decrease 39.49% than previous quarter

Overall: increasing (196.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 9.96 (%).Trend:Increase 32.45% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.8 (%).Trend:Increase 38.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.7 (%).Trend:Increase 6.52% than previous quarter

Overall: increasing (47.59%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 28.12% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 70.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 16.67% than previous quarter

Overall: decreasing (-65.85%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows significant fluctuations. Working capital efficiency, measured by liabilities and current assets on revenue, exhibits substantial increases but with considerable volatility.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also demonstrates a notable rise, though with significant quarter-to-quarter variations.  Investment efficiency, assessed through retained earnings on assets, shows a moderate increase with less fluctuation.  Earnings per share, however, display a decreasing trend overall with significant swings.