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 33.59 (%).Trend:Decrease 34.07% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 95.31 (%).Trend:Increase 183.75% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.09 (%).Trend:Decrease 51.64% than previous quarter

Overall: increasing (37.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 64.96 (%).Trend:Decrease 27.98% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 196.85 (%).Trend:Increase 203.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 92.98 (%).Trend:Decrease 52.77% than previous quarter

Overall: increasing (43.13%). 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 5.4 (%).Trend:Increase 4.85% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 28.01 (%).Trend:Increase 418.7% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 14.92 (%).Trend:Decrease 46.73% than previous quarter

Overall: increasing (176.3%). 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 3.18 (%).Trend:Increase 52.15% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 5.18 (%).Trend:Increase 62.89% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 5.46 (%).Trend:Increase 5.41% than previous quarter

Overall: increasing (71.7%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements from Q3 2020 to Q2 2021 reveal substantial fluctuation in key metrics. Working capital efficiency, represented by liabilities and current assets on revenue, shows considerable increases but with high volatility. Cost efficiency, indicated by the ratio of retained earnings to revenue, has a considerable upward trend, marked by volatility.  Investment efficiency, with retained earnings on assets, shows an overall increase with moderate volatility.