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 78.0 (%).Trend:Decrease 26.71% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 113.92 (%).Trend:Increase 46.05% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 51.04 (%).Trend:Decrease 55.2% than previous quarter

Overall: decreasing (-34.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 482.49 (%).Trend:Increase 22.67% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 704.7 (%).Trend:Increase 46.05% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 341.59 (%).Trend:Decrease 51.53% than previous quarter

Overall: decreasing (-29.2%). 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 -208.72 (%).Trend:Decrease 25.96% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -771.73 (%).Trend:Increase 269.74% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -373.41 (%).Trend:Decrease 51.61% than previous quarter

Overall: decreasing (78.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 78.42 (%).Trend:Decrease 5.03% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 53.77 (%).Trend:Decrease 31.43% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 56.67 (%).Trend:Increase 5.39% than previous quarter

Overall: decreasing (-27.74%). 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 -37.36 (%).Trend:Decrease 32.73% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -85.6 (%).Trend:Increase 129.12% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -84.67 (%).Trend:Decrease 1.09% than previous quarter

Overall: decreasing (126.63%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2020 to Q2 2021, Liabilities on Revenue decreased by 34.56%, and Current assets on Revenue decreased by 29.2%, both with significant fluctuations. The Ratio of Retained Earnings to Revenue decreased by 78.9% with significant fluctuation. The SG&A Expense Ratio decreased by 27.74% with neutral fluctuation.  Retained Earning on Assets decreased significantly by 126.63%.