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 35.81 (%).Trend:Decrease 33.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.26 (%).Trend:Increase 104.58% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.84 (%).Trend:Decrease 37.43% than previous quarter

Overall: increasing (28.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 59.33 (%).Trend:Decrease 32.75% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 141.11 (%).Trend:Increase 137.84% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 79.76 (%).Trend:Decrease 43.48% than previous quarter

Overall: increasing (34.43%). 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 3.64 (%).Trend:Increase 49.18% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 16.34 (%).Trend:Increase 348.9% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 10.52 (%).Trend:Decrease 35.62% than previous quarter

Overall: increasing (189.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.95 (%).Trend:Decrease 18.64% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.1 (%).Trend:Decrease 9.52% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.96 (%).Trend:Decrease 7.9% than previous quarter

Overall: decreasing (-16.66%). 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 2.04 (%).Trend:Increase 158.23% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 4.02 (%).Trend:Increase 97.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 5.28 (%).Trend:Increase 31.34% than previous quarter

Overall: increasing (158.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.14 (USD).Trend:Decrease 66.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 228.57% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.55 (USD).Trend:Increase 205.56% than previous quarter

Overall: increasing (-492.86%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 shows a mixed picture. Working capital efficiency, measured by liabilities and current assets relative to revenue, increases with significant fluctuations.  Cost efficiency (retained earnings to revenue) shows a large increase with high volatility. SG&A expense ratio displays a consistent decrease. Investment efficiency increases with significant variability, and earnings per share display large positive increases with substantial fluctuation.