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 21.27 (%).Trend:Decrease 37.03% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 57.6 (%).Trend:Increase 170.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 30.08 (%).Trend:Decrease 47.78% than previous quarter

Overall: increasing (41.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 8.97 (%).Trend:Decrease 79.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 17.77 (%).Trend:Increase 98.1% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 14.86 (%).Trend:Decrease 16.38% than previous quarter

Overall: increasing (65.66%). 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 -47.09 (%).Trend:Decrease 36.94% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -128.42 (%).Trend:Increase 172.71% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -57.41 (%).Trend:Decrease 55.3% than previous quarter

Overall: decreasing (21.92%). 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 -37.15 (%).Trend:Increase 16.42% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -41.0 (%).Trend:Increase 10.36% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -37.49 (%).Trend:Decrease 8.56% than previous quarter

Overall: decreasing (0.92%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.44 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.04 (USD).Trend:Decrease 90.91% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.08 (USD).Trend:Decrease 300.0% than previous quarter

Overall: increasing (-118.18%). Fluctuation: **Significant** (high variation).



Data from Q3 2020 to Q2 2021 demonstrates financial volatility. Liabilities on revenue initially decreased, then increased significantly in Q1 2021, with a subsequent drop in Q2 2021. Current assets on revenue also trended down after a significant increase, indicating variability in asset management. The ratio of retained earnings to revenue fluctuated significantly, showing a pronounced negative trend. Retained earnings on assets showed a declining trend with fluctuations. Earnings per share showed a negative trend with fluctuating values, demonstrating a consistent lack of profitability. The data reveals substantial volatility and potential financial instability.