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 26.45 (%).Trend:Decrease 37.43% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71.07 (%).Trend:Increase 168.7% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.63 (%).Trend:Decrease 49.87% than previous quarter

Overall: increasing (34.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 41.93 (%).Trend:Decrease 54.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 92.36 (%).Trend:Increase 120.27% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 54.1 (%).Trend:Decrease 41.42% than previous quarter

Overall: increasing (29.02%). 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 -16.71 (%).Trend:Increase 516.61% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -75.07 (%).Trend:Increase 349.25% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -35.24 (%).Trend:Decrease 53.06% than previous quarter

Overall: decreasing (110.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.75 (%).Trend:Decrease 4.36% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.74 (%).Trend:Decrease 10.62% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.16 (%).Trend:Decrease 1.72% than previous quarter

Overall: decreasing (-12.16%). Fluctuation: **Little** (low 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 -23.63 (%).Trend:Increase 1093.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -42.27 (%).Trend:Increase 78.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -36.28 (%).Trend:Decrease 14.17% than previous quarter

Overall: decreasing (53.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.36 (USD).Trend:Decrease 32.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.7 (USD).Trend:Increase 98.53% than previous quarter

Overall: increasing (35.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 displays significant volatility. Liabilities on revenue saw a decrease in Q3 2020 and then a sharp rise in Q1 2021, decreasing again in Q2 2021.  Current assets on revenue also exhibited significant fluctuations. Cost efficiency metrics show a substantial decrease in the ratio of retained earnings to revenue across all periods. SG&A Expense Ratio shows a minor decrease. Investment efficiency displays considerable variation in retained earnings on assets. Earning per share shows a similar fluctuating pattern.