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 32.64 (%).Trend:Decrease 36.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 93.0 (%).Trend:Increase 184.93% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.23 (%).Trend:Decrease 47.06% than previous quarter

Overall: increasing (50.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 54.18 (%).Trend:Decrease 40.21% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 160.45 (%).Trend:Increase 196.14% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 82.15 (%).Trend:Decrease 48.8% than previous quarter

Overall: increasing (51.62%). 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 -28.18 (%).Trend:Decrease 29.8% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -89.3 (%).Trend:Increase 216.89% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -47.07 (%).Trend:Decrease 47.29% than previous quarter

Overall: decreasing (67.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.26 (%).Trend:Decrease 2.06% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.13 (%).Trend:Decrease 0.91% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.98 (%).Trend:Decrease 1.06% than previous quarter

Overall: decreasing (-1.96%). 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 -12.97 (%).Trend:Increase 10.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -13.85 (%).Trend:Increase 6.78% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -14.93 (%).Trend:Increase 7.8% than previous quarter

Overall: decreasing (15.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -3.26 (USD).Trend:Increase 25.38% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.55 (USD).Trend:Decrease 83.13% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.38 (USD).Trend:Increase 150.91% than previous quarter

Overall: increasing (-57.67%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities and current assets on revenue increased significantly (50.83% and 51.62% respectively). The ratio of retained earnings to revenue decreased considerably (-67.03%), while SG&A expenses decreased slightly. Retained earnings on assets decreased (-15.11%), and earnings per share increased (-57.67%).  All metrics except SG&A expense ratio demonstrated significant fluctuations.