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 33.41 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 112.23 (%).Trend:Increase 235.92% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.83 (%).Trend:Decrease 58.27% than previous quarter

Overall: increasing (40.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 58.79 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 170.42 (%).Trend:Increase 189.88% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 73.66 (%).Trend:Decrease 56.78% than previous quarter

Overall: increasing (25.29%). 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 -10.46 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -19.16 (%).Trend:Increase 83.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -4.23 (%).Trend:Decrease 77.92% than previous quarter

Overall: increasing (-59.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.19 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.81 (%).Trend:Decrease 17.35% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.86 (%).Trend:Increase 2.76% than previous quarter

Overall: decreasing (-15.07%). Fluctuation: **Little** (low 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 -5.06 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -3.68 (%).Trend:Decrease 27.27% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -1.67 (%).Trend:Decrease 54.62% than previous quarter

Overall: increasing (-67.0%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuations, with liabilities on revenue increasing from Q3 2020 to Q1 2021 and then decreasing in Q2 2021.  Similarly, current assets on revenue trended upwards and then downwards. Cost efficiency, measured by the ratio of retained earnings to revenue, also shows significant fluctuations, with values trending up and down through the period.  The SG&A expense ratio, however, shows a stable downward trend.  Investment efficiency, as measured by retained earnings on assets, displays significant volatility.  Detailed data for each quarter are provided, showing the trends over time.