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 47.34 (%).Trend:Decrease 35.93% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 225.2 (%).Trend:Increase 375.71% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 124.02 (%).Trend:Decrease 44.93% than previous quarter

Overall: increasing (161.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 125.61 (%).Trend:Decrease 50.38% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 686.99 (%).Trend:Increase 446.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 281.01 (%).Trend:Decrease 59.1% than previous quarter

Overall: increasing (123.72%). 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 94.47 (%).Trend:Decrease 37.45% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 251.22 (%).Trend:Increase 165.93% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 75.14 (%).Trend:Decrease 70.09% than previous quarter

Overall: decreasing (-20.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 23.1 (%).Trend:Increase 2.08% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.84 (%).Trend:Decrease 40.09% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.27 (%).Trend:Decrease 18.57% than previous quarter

Overall: decreasing (-51.21%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.61 (USD).Trend:Increase 28.8% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.59 (USD).Trend:Decrease 63.35% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.88 (USD).Trend:Increase 49.15% than previous quarter

Overall: increasing (-45.34%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2020 to Q2 2021 reveals significant fluctuations across key metrics. Liabilities and current assets on revenue increased substantially (161.98% and 123.72% respectively), but with high variability.  The ratio of retained earnings to revenue decreased (-20.46%) with significant fluctuation. Retained earnings on assets also decreased significantly (-51.21%), with high variation. Earnings per share showed an overall increase (-45.34%), but high variability was observed.