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 17826.56 (%).Trend:Decrease 70.15% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 3368.23 (%).Trend:Decrease 81.11% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1021.17 (%).Trend:Decrease 69.68% than previous quarter

Overall: decreasing (-94.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 13456.88 (%).Trend:Decrease 32.63% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 89703.95 (%).Trend:Increase 566.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 24976.61 (%).Trend:Decrease 72.16% than previous quarter

Overall: increasing (85.6%). 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 -52569.4 (%).Trend:Decrease 69.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -44051.89 (%).Trend:Decrease 16.2% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -15844.9 (%).Trend:Decrease 64.03% than previous quarter

Overall: increasing (-69.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2087.18 (%).Trend:Decrease 61.34% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1321.5 (%).Trend:Decrease 36.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 805.79 (%).Trend:Decrease 39.02% than previous quarter

Overall: decreasing (-61.39%). Fluctuation: **Significant** (high 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 -323.39 (%).Trend:Decrease 41.28% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -47.84 (%).Trend:Decrease 85.21% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -61.46 (%).Trend:Increase 28.47% than previous quarter

Overall: increasing (-81.0%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2020 to Q2 2021 reveals substantial volatility across key financial ratios.  Liabilities on revenue decreased significantly (-94.27%), while current assets on revenue showed an overall increase (85.6%), both exhibiting high fluctuation. Cost efficiency metrics, including retained earnings to revenue and SG&A expense ratio, demonstrate considerable variability, with an overall improvement in the former and decrease in the latter. Retained earnings on assets also increased (-81%), indicating significant changes.