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 73.85 (%).Trend:Decrease 21.79% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 110.42 (%).Trend:Increase 49.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 101.04 (%).Trend:Decrease 8.49% than previous quarter

Overall: increasing (36.82%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 48.3 (%).Trend:Decrease 43.41% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 66.9 (%).Trend:Increase 38.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 41.7 (%).Trend:Decrease 37.67% than previous quarter

Overall: decreasing (-13.66%). Fluctuation: **Neutral** (moderate 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 187.63 (%).Trend:Decrease 36.67% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 376.97 (%).Trend:Increase 100.91% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 149.78 (%).Trend:Decrease 60.27% than previous quarter

Overall: decreasing (-20.17%). 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 15.87 (%).Trend:Decrease 11.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 19.37 (%).Trend:Increase 22.05% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.86 (%).Trend:Decrease 23.28% than previous quarter

Overall: decreasing (-6.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -3.56 (USD).Trend:Increase 40.16% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.45 (USD).Trend:Decrease 112.64% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.16 (USD).Trend:Decrease 357.78% than previous quarter

Overall: increasing (-67.42%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows mixed results. Liabilities on revenue increased by 36.82% with moderate variation. Current assets on revenue decreased by 13.66% with moderate variation. Cost efficiency, measured by the ratio of retained earnings to revenue, decreased by 20.17% with significant fluctuation. Investment efficiency decreased by 6.36% with moderate variation. Earnings per share increased by -67.42% with significant variation.