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 24.26 (%).Trend:Decrease 31.85% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 99.52 (%).Trend:Increase 310.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.78 (%).Trend:Decrease 54.0% than previous quarter

Overall: increasing (88.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 89.78 (%).Trend:Decrease 29.62% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 302.3 (%).Trend:Increase 236.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 152.56 (%).Trend:Decrease 49.53% than previous quarter

Overall: increasing (69.93%). 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 52.82 (%).Trend:Decrease 28.65% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 14.87 (%).Trend:Decrease 71.85% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4.11 (%).Trend:Decrease 72.36% than previous quarter

Overall: decreasing (-92.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.38 (%).Trend:Increase 7.05% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.8 (%).Trend:Increase 22.26% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.73 (%).Trend:Increase 11.92% than previous quarter

Overall: increasing (36.83%). Fluctuation: **Neutral** (moderate 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 24.24 (%).Trend:Decrease 1.9% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.53 (%).Trend:Decrease 89.56% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 1.35 (%).Trend:Decrease 46.64% than previous quarter

Overall: decreasing (-94.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -3.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 98.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.45 (USD).Trend:Increase 650.0% than previous quarter

Overall: increasing (-85.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 reveals a pattern of significant fluctuation across various financial efficiency metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, both showed increasing trends but with substantial variation. Cost efficiency, measured by the ratio of retained earnings to revenue, experienced a dramatic decrease, while SG&A expense ratios show a moderate increase. Investment efficiency and earnings per share also demonstrate substantial fluctuations.