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 103.72 (%).Trend:Decrease 36.41% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 262.39 (%).Trend:Increase 152.98% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 132.92 (%).Trend:Decrease 49.34% than previous quarter

Overall: increasing (28.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 112.14 (%).Trend:Decrease 30.89% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 337.79 (%).Trend:Increase 201.22% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 186.64 (%).Trend:Decrease 44.75% than previous quarter

Overall: increasing (66.43%). 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 -145.5 (%).Trend:Decrease 36.0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -355.9 (%).Trend:Increase 144.6% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -140.25 (%).Trend:Decrease 60.59% than previous quarter

Overall: increasing (-3.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.22 (%).Trend:Decrease 5.03% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.88 (%).Trend:Decrease 3.6% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.24 (%).Trend:Increase 1.0% than previous quarter

Overall: decreasing (-2.63%). 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 -52.82 (%).Trend:Decrease 2.76% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -48.32 (%).Trend:Decrease 8.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -33.54 (%).Trend:Decrease 30.59% than previous quarter

Overall: increasing (-36.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.58 (USD).Trend:Increase 132.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.45 (USD).Trend:Decrease 22.41% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.52 (USD).Trend:Increase 460.0% than previous quarter

Overall: increasing (334.48%). Fluctuation: **Significant** (high variation).



The analysis covers Q3 2020 to Q2 2021. Liabilities on revenue increased (28.15%), and current assets on revenue increased (66.43%), both showing significant fluctuation. The ratio of retained earnings to revenue increased slightly (-3.61%), exhibiting significant variation. The SG&A expense ratio decreased slightly (-2.63%) with low variation. Retained earnings on assets increased (-36.5%) with significant fluctuation.  Earnings per share increased drastically (334.48%), showing significant fluctuation.