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 21.05 (%).Trend:Decrease 31.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 62.02 (%).Trend:Increase 194.63% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.02 (%).Trend:Decrease 41.92% than previous quarter

Overall: increasing (71.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 62.67 (%).Trend:Decrease 33.41% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 201.81 (%).Trend:Increase 222.02% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 93.47 (%).Trend:Decrease 53.68% than previous quarter

Overall: increasing (49.15%). 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 31.06 (%).Trend:Decrease 24.48% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 73.89 (%).Trend:Increase 137.89% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 42.3 (%).Trend:Decrease 42.75% than previous quarter

Overall: increasing (36.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.72 (%).Trend:Decrease 8.6% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.73 (%).Trend:Decrease 34.29% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.81 (%).Trend:Increase 18.85% than previous quarter

Overall: decreasing (-21.9%). 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 25.53 (%).Trend:Increase 12.91% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 23.2 (%).Trend:Decrease 9.13% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 21.22 (%).Trend:Decrease 8.53% than previous quarter

Overall: decreasing (-16.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.53 (USD).Trend:Decrease 64.34% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.86 (USD).Trend:Decrease 221.57% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.77 (USD).Trend:Increase 210.22% than previous quarter

Overall: increasing (-477.12%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 displays significant fluctuations in working capital efficiency, with liabilities and current assets on revenue increasing overall but with substantial quarterly changes. Cost efficiency shows a moderate overall increase in the ratio of retained earnings to revenue, but with substantial fluctuations. The SG&A expense ratio shows a decrease. Investment efficiency shows a minor overall decrease in retained earnings on assets, with little fluctuation. Earnings per share show increases and decreases with a substantial negative overall trend.