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 89.91 (%).Trend:Decrease 39.65% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 105.23 (%).Trend:Increase 17.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.05 (%).Trend:Decrease 54.34% than previous quarter

Overall: decreasing (-46.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 28.9 (%).Trend:Decrease 79.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 42.0 (%).Trend:Increase 45.33% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 30.48 (%).Trend:Decrease 27.43% than previous quarter

Overall: increasing (5.47%). Fluctuation: **Neutral** (moderate 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 88.61 (%).Trend:Decrease 43.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 92.76 (%).Trend:Increase 4.68% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 46.49 (%).Trend:Decrease 49.88% than previous quarter

Overall: decreasing (-47.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 11.88 (%).Trend:Decrease 6.09% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 10.62 (%).Trend:Decrease 10.61% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 12.53 (%).Trend:Increase 17.98% than previous quarter

Overall: increasing (5.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -3.56 (USD).Trend:Increase 37.45% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.41 (USD).Trend:Decrease 111.52% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.51 (USD).Trend:Increase 268.29% than previous quarter

Overall: increasing (-142.42%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 displays substantial volatility. Liabilities on revenue decreased, while current assets on revenue increased slightly. Cost efficiency, as reflected in the ratio of retained earnings to revenue, consistently declined.  Investment efficiency showed a slightly increasing trend in retained earnings on assets. Earnings per share demonstrated substantial fluctuations, including a large increase.