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 34.85 (%).Trend:Decrease 11.05% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1227.04 (%).Trend:Increase 3420.92% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 169.92 (%).Trend:Decrease 86.15% than previous quarter

Overall: increasing (387.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 111.42 (%).Trend:Decrease 25.78% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 3416.58 (%).Trend:Increase 2966.4% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 565.77 (%).Trend:Decrease 83.44% than previous quarter

Overall: increasing (407.78%). 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 -336.99 (%).Trend:Increase 11.17% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -11634.54 (%).Trend:Increase 3352.49% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1998.22 (%).Trend:Decrease 82.83% than previous quarter

Overall: decreasing (492.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 63.36 (%).Trend:Increase 52.02% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 765.4 (%).Trend:Increase 1108.02% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 220.78 (%).Trend:Decrease 71.15% than previous quarter

Overall: increasing (248.45%). Fluctuation: **Significant** (high 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 -292.6 (%).Trend:Increase 48.96% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -333.16 (%).Trend:Increase 13.86% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -346.53 (%).Trend:Increase 4.01% than previous quarter

Overall: decreasing (18.43%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q3 2020 to Q2 2021 reveals significant volatility. Both liabilities and current assets on revenue increased substantially overall, despite considerable quarter-to-quarter variation.  Cost efficiency deteriorated sharply, with the ratio of retained earnings to revenue decreasing dramatically, while the SG&A expense ratio increased considerably. Investment efficiency, as indicated by retained earnings on assets, decreased. This highlights the need for a thorough review to determine the underlying factors driving this instability.