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 38.68 (%).Trend:Decrease 30.83% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 140.74 (%).Trend:Increase 263.86% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 43.62 (%).Trend:Decrease 69.01% than previous quarter

Overall: increasing (12.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 130.94 (%).Trend:Decrease 32.1% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 296.3 (%).Trend:Increase 126.29% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 120.19 (%).Trend:Decrease 59.44% than previous quarter

Overall: decreasing (-8.21%). 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 20.25 (%).Trend:Decrease 154.27% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 49.38 (%).Trend:Increase 143.85% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 27.56 (%).Trend:Decrease 44.19% than previous quarter

Overall: increasing (36.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.32 (%).Trend:Decrease 0.45% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.09 (%).Trend:Decrease 31.76% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.69 (%).Trend:Decrease 4.4% than previous quarter

Overall: decreasing (-34.76%). 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 6.18 (%).Trend:Decrease 169.83% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 6.64 (%).Trend:Increase 7.44% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.1 (%).Trend:Increase 21.99% than previous quarter

Overall: increasing (31.07%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 6.45 (USD).Trend:Increase 3294.74% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 97.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.61 (USD).Trend:Increase 369.23% than previous quarter

Overall: decreasing (-90.54%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 present significant fluctuations in key metrics. Liabilities-to-revenue ratios increased overall despite quarterly volatility. Current asset-to-revenue ratios decreased overall.  Retained earnings-to-revenue ratios increased overall, although with substantial quarterly variance. SG&A expense ratio declined overall, displaying moderate fluctuation. Investment efficiency exhibited a neutral trend, with a positive overall increase in retained earnings on assets. Earnings per share showed a substantial decline overall, though with significant fluctuations. The significant variability suggests underlying causes and long-term implications requiring further analysis.