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 24.71 (%).Trend:Decrease 29.62% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71.09 (%).Trend:Increase 187.7% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.02 (%).Trend:Decrease 49.33% than previous quarter

Overall: increasing (45.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 45.92 (%).Trend:Decrease 47.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 139.46 (%).Trend:Increase 203.7% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 67.0 (%).Trend:Decrease 51.96% than previous quarter

Overall: increasing (45.91%). 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 -63.71 (%).Trend:Decrease 37.1% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -165.14 (%).Trend:Increase 159.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -84.97 (%).Trend:Decrease 48.55% than previous quarter

Overall: decreasing (33.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.33 (%).Trend:Increase 7.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.41 (%).Trend:Decrease 19.05% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.85 (%).Trend:Increase 3.55% than previous quarter

Overall: decreasing (-16.18%). 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 -22.15 (%).Trend:Decrease 0.09% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -21.42 (%).Trend:Decrease 3.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -22.38 (%).Trend:Increase 4.48% than previous quarter

Overall: decreasing (1.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.1 (USD).Trend:Increase 47.89% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.08 (USD).Trend:Decrease 48.57% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 93.52% than previous quarter

Overall: decreasing (-0.48%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, liabilities and current assets on revenue both increased significantly (45.77% and 45.91% respectively), exhibiting considerable fluctuation. The ratio of retained earnings to revenue decreased by 33.37%, also showing significant fluctuation.  SG&A expense ratio decreased (-16.18%) with moderate variation. Retained earnings on assets and earnings per share decreased slightly (-1.04% and -0.48% respectively), with significant fluctuation.