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 26.82 (%).Trend:Decrease 32.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 155.18 (%).Trend:Increase 478.6% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 53.65 (%).Trend:Decrease 65.43% than previous quarter

Overall: increasing (100.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 50.2 (%).Trend:Decrease 36.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 242.75 (%).Trend:Increase 383.57% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 100.69 (%).Trend:Decrease 58.52% than previous quarter

Overall: increasing (100.58%). 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 -16.46 (%).Trend:Decrease 831.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -64.92 (%).Trend:Increase 294.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -15.75 (%).Trend:Decrease 75.74% than previous quarter

Overall: increasing (-4.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 70.91 (%).Trend:Increase 31.66% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 53.57 (%).Trend:Decrease 24.45% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.42 (%).Trend:Decrease 7.75% than previous quarter

Overall: decreasing (-30.31%). 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 -9.03 (%).Trend:Decrease 1201.22% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -9.36 (%).Trend:Increase 3.65% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.52 (%).Trend:Decrease 41.03% than previous quarter

Overall: increasing (-38.87%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.28 (USD).Trend:Decrease 212.28% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.84 (USD).Trend:Decrease 165.62% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.96 (USD).Trend:Increase 133.33% than previous quarter

Overall: increasing (-253.12%). Fluctuation: **Significant** (high variation).



Over Q3 2020-Q2 2021, liabilities and current assets on revenue significantly increased (100.04% and 100.58%, respectively), displaying high variability. The ratio of retained earnings to revenue increased negatively (-4.31%), also with high variability.  The SG&A expense ratio decreased (-30.31%), showing moderate variation. Retained earnings on assets and earnings per share showed significant increases, displaying high variability.