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 2205.61 (%).Trend:Decrease 50.96% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 6220.83 (%).Trend:Increase 182.05% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 3270.71 (%).Trend:Decrease 47.42% than previous quarter

Overall: increasing (48.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 15477.41 (%).Trend:Decrease 40.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 178569.44 (%).Trend:Increase 1053.74% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 102050.71 (%).Trend:Decrease 42.85% than previous quarter

Overall: increasing (559.35%). 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 -91146.14 (%).Trend:Decrease 54.37% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -328722.22 (%).Trend:Increase 260.65% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -173887.86 (%).Trend:Decrease 47.1% than previous quarter

Overall: decreasing (90.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1945.16 (%).Trend:Decrease 31.98% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3104.17 (%).Trend:Increase 59.58% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3623.57 (%).Trend:Increase 16.73% than previous quarter

Overall: increasing (86.29%). 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 -570.06 (%).Trend:Decrease 22.07% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -182.66 (%).Trend:Decrease 67.96% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -169.37 (%).Trend:Decrease 7.28% than previous quarter

Overall: increasing (-70.29%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2020 to Q2 2021 reveals significant fluctuations. Liabilities on revenue increased by 48.29%, and current assets on revenue dramatically increased by 559.35%. However, the ratio of retained earnings to revenue decreased by 90.78%, indicating significant cost inefficiency. The SG&A expense ratio showed a substantial increase of 86.29%. Retained earnings on assets increased by -70.29%, also significantly.