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 56.48 (%).Trend:Decrease 50.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 95.31 (%).Trend:Increase 68.75% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.05 (%).Trend:Decrease 51.68% than previous quarter

Overall: decreasing (-18.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 56.1 (%).Trend:Decrease 47.25% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 117.53 (%).Trend:Increase 109.5% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 62.21 (%).Trend:Decrease 47.07% than previous quarter

Overall: increasing (10.89%). 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 -2.18 (%).Trend:Decrease 63.42% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 18.89 (%).Trend:Decrease 966.51% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 12.96 (%).Trend:Decrease 31.39% than previous quarter

Overall: increasing (-694.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 50.31 (%).Trend:Decrease 9.29% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.43 (%).Trend:Decrease 23.61% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.85 (%).Trend:Increase 6.3% than previous quarter

Overall: decreasing (-18.8%). 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 -1.36 (%).Trend:Decrease 29.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 6.55 (%).Trend:Decrease 581.62% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.14 (%).Trend:Increase 39.54% than previous quarter

Overall: increasing (-772.06%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -2.24 (USD).Trend:Decrease 4.68% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.69 (USD).Trend:Decrease 130.8% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.13 (USD).Trend:Increase 63.77% than previous quarter

Overall: increasing (-150.45%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2020 to Q2 2021 data reveals significant fluctuations. Liabilities on Revenue decreased (-18.47%), while Current Assets on Revenue increased (10.89%). The Ratio of Retained Earnings to Revenue showed a substantial increase (-694.5%). SG&A expenses decreased (-18.8%), showing moderate variation. Retained Earnings on Assets increased (-772.06%), and Earnings Per Share increased (-150.45%), both with significant fluctuation.