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 42.88 (%).Trend:Increase 100.47% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 70.84 (%).Trend:Increase 65.21% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 42.01 (%).Trend:Decrease 40.7% than previous quarter

Overall: decreasing (-2.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81.72 (%).Trend:Decrease 83.37% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 149.35 (%).Trend:Increase 82.76% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 104.67 (%).Trend:Decrease 29.92% than previous quarter

Overall: increasing (28.08%). 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 64.0 (%).Trend:Decrease 52.3% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 112.28 (%).Trend:Increase 75.44% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 58.24 (%).Trend:Decrease 48.13% than previous quarter

Overall: decreasing (-9.0%). 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 8.27 (%).Trend:Decrease 61.03% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.33 (%).Trend:Increase 0.73% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.0 (%).Trend:Decrease 3.96% than previous quarter

Overall: decreasing (-3.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.61 (USD).Trend:Decrease 37.11% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 95.08% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.02 (USD).Trend:Decrease 33.33% than previous quarter

Overall: decreasing (-96.72%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2020 to Q2 2021 show considerable volatility in key financial metrics. Liabilities on revenue show significant fluctuations, with a subsequent decrease observed; current assets on revenue demonstrate a slight overall increase, though with substantial quarter-to-quarter variation. Cost efficiency (ratio of retained earnings to revenue) declines significantly and is volatile. Investment efficiency shows a slight overall decline with minimal fluctuation. Earnings per share decrease substantially with considerable quarterly fluctuation. The high degree of volatility and negative trends warrant immediate investigation into the underlying causes and possible impacts on the company's future financial health.