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 11.93 (%).Trend:Decrease 45.33% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 36.78 (%).Trend:Increase 208.3% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 19.22 (%).Trend:Decrease 47.74% than previous quarter

Overall: increasing (61.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 16.78 (%).Trend:Decrease 36.46% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 65.79 (%).Trend:Increase 292.07% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 34.26 (%).Trend:Decrease 47.93% than previous quarter

Overall: increasing (104.17%). 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 12.59 (%).Trend:Decrease 41.58% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 42.97 (%).Trend:Increase 241.3% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 20.83 (%).Trend:Decrease 51.52% than previous quarter

Overall: increasing (65.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.36 (%).Trend:Decrease 3.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.43 (%).Trend:Increase 19.96% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.6 (%).Trend:Decrease 12.91% than previous quarter

Overall: increasing (4.48%). 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 23.75 (%).Trend:Decrease 5.49% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.23 (%).Trend:Decrease 10.61% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 21.85 (%).Trend:Increase 2.92% than previous quarter

Overall: decreasing (-8.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.13 (USD).Trend:Increase 370.83% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.3 (USD).Trend:Decrease 126.55% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.8 (USD).Trend:Increase 166.67% than previous quarter

Overall: increasing (-170.8%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal significant volatility. Working capital efficiency metrics, like liabilities and current assets on revenue, exhibit substantial fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, also displays high variability, with large increases and decreases.  The Selling, General, and Administrative (SG&A) expense ratio, however, shows little fluctuation.  Investment efficiency, specifically retained earnings on assets, exhibits little fluctuation. Earnings per share are highly volatile, showing considerable swings.  The overall trend for most metrics, despite fluctuations, is upward or increasing.