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 61.39 (%).Trend:Decrease 25.07% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 159.39 (%).Trend:Increase 159.64% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 69.46 (%).Trend:Decrease 56.42% than previous quarter

Overall: increasing (13.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 27.87 (%).Trend:Decrease 44.81% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 72.61 (%).Trend:Increase 160.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 40.23 (%).Trend:Decrease 44.59% than previous quarter

Overall: increasing (44.35%). 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 -153.1 (%).Trend:Increase 4.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -316.81 (%).Trend:Increase 106.93% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -122.4 (%).Trend:Decrease 61.36% than previous quarter

Overall: increasing (-20.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.2 (%).Trend:Decrease 5.88% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.13 (%).Trend:Decrease 33.44% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.15 (%).Trend:Increase 0.94% than previous quarter

Overall: decreasing (-32.81%). 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 -16.34 (%).Trend:Increase 75.51% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -16.88 (%).Trend:Increase 3.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -15.56 (%).Trend:Decrease 7.82% than previous quarter

Overall: increasing (-4.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -23.91 (USD).Trend:Increase 41.81% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.34 (USD).Trend:Decrease 105.6% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.08 (USD).Trend:Increase 129.85% than previous quarter

Overall: increasing (-112.88%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 reveals significant volatility in all metrics.  Liabilities and current assets on revenue fluctuate substantially. Cost efficiency shows a slightly increasing trend for retained earnings to revenue, although there is high variation. The SG&A expense ratio demonstrates a decreasing trend, though the fluctuations are moderate.  Investment efficiency exhibits a slight increase in retained earnings on assets, despite significant variations. Earnings per share also show marked increases and decreases, overall demonstrating a slight increase.