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 26.97 (%).Trend:Decrease 40.54% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 59.19 (%).Trend:Increase 119.47% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 24.98 (%).Trend:Decrease 57.8% than previous quarter

Overall: decreasing (-7.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 29.41 (%).Trend:Decrease 34.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 79.27 (%).Trend:Increase 169.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 49.55 (%).Trend:Decrease 37.49% than previous quarter

Overall: increasing (68.48%). 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 -59.43 (%).Trend:Decrease 40.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -124.79 (%).Trend:Increase 109.98% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -36.85 (%).Trend:Decrease 70.47% than previous quarter

Overall: increasing (-37.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.08 (%).Trend:Decrease 4.34% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.36 (%).Trend:Decrease 17.43% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.08 (%).Trend:Decrease 10.2% than previous quarter

Overall: decreasing (-25.85%). 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 -18.04 (%).Trend:Increase 3.38% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -18.52 (%).Trend:Increase 2.66% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -11.78 (%).Trend:Decrease 36.39% than previous quarter

Overall: increasing (-34.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -4.0 (USD).Trend:Increase 33.33% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 109.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 952.63% than previous quarter

Overall: increasing (-200.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 indicates high volatility.  Working capital efficiency shows decreasing liabilities but increasing current assets, with significant fluctuations.  Cost efficiency demonstrates a substantial decline in retained earnings to revenue with significant variation. SG&A expenses show a consistent decrease, indicating moderate fluctuation.  Investment efficiency shows fluctuating retained earnings on assets. Earnings per share show large changes, with a large increase in Q2 2021.