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 50.13 (%).Trend:Decrease 26.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 78.91 (%).Trend:Increase 57.41% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.96 (%).Trend:Decrease 48.09% than previous quarter

Overall: decreasing (-18.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 75.88 (%).Trend:Decrease 27.48% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 124.99 (%).Trend:Increase 64.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 60.5 (%).Trend:Decrease 51.6% than previous quarter

Overall: decreasing (-20.27%). 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 -4.83 (%).Trend:Decrease 50.31% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 8.06 (%).Trend:Decrease 266.87% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 6.34 (%).Trend:Decrease 21.34% than previous quarter

Overall: increasing (-231.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.71 (%).Trend:Decrease 13.53% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.35 (%).Trend:Decrease 35.02% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.05 (%).Trend:Increase 2.31% than previous quarter

Overall: decreasing (-33.53%). 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 -2.43 (%).Trend:Decrease 11.96% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.5 (%).Trend:Decrease 202.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 3.99 (%).Trend:Increase 59.6% than previous quarter

Overall: increasing (-264.2%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -5.66 (USD).Trend:Decrease 2.25% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.58 (USD).Trend:Decrease 145.58% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.11 (USD).Trend:Increase 59.3% than previous quarter

Overall: increasing (-172.61%). Fluctuation: **Significant** (high variation).



From Q3 2020 to Q2 2021, working capital efficiency, as represented by liabilities and current assets on revenue, decreased significantly, highlighting notable fluctuations.  Cost efficiency also showed considerable variability, with a marked increase in the ratio of retained earnings to revenue, contrasted by a moderate decrease in the SG&A expense ratio.  Investment efficiency displayed large gains in retained earnings on assets and earnings per share despite substantial volatility.