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 1364.74 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1728.26 (%).Trend:Increase 26.64% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 803.61 (%).Trend:Decrease 53.5% than previous quarter

Overall: decreasing (-41.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 1503.28 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 2796.07 (%).Trend:Increase 86.0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 1257.31 (%).Trend:Decrease 55.03% than previous quarter

Overall: decreasing (-16.36%). 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 -664.71 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2029.91 (%).Trend:Increase 205.38% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1007.26 (%).Trend:Decrease 50.38% than previous quarter

Overall: decreasing (51.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 106.38 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 65.89 (%).Trend:Decrease 38.06% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 68.42 (%).Trend:Increase 3.84% than previous quarter

Overall: decreasing (-35.68%). 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 -25.8 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -40.72 (%).Trend:Increase 57.83% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -43.94 (%).Trend:Increase 7.91% than previous quarter

Overall: decreasing (70.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -7.24 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.82 (USD).Trend:Decrease 111.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.45 (USD).Trend:Decrease 45.12% than previous quarter

Overall: increasing (-106.22%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show a mixed picture. Liabilities on revenue initially increase, then decrease sharply.  Current assets on revenue follow a similar pattern, exhibiting a considerable drop.  Cost efficiency is weak, reflected in a decline of the ratio of retained earnings to revenue and SG&A expense ratio, along with fluctuations in earnings per share.  Investment efficiency, as measured by retained earnings on assets, is declining significantly.  The significant fluctuations in all these metrics demand careful examination to pinpoint underlying causes and consider corrective measures.