Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 -208.88 (%).Trend:Decrease 3.83% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1208.14 (%).Trend:Increase 478.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -421.46 (%).Trend:Decrease 65.11% than previous quarter

Overall: decreasing (101.77%). 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 -23.17 (%).Trend:Increase 18.64% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -28.71 (%).Trend:Increase 23.91% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -30.26 (%).Trend:Increase 5.4% than previous quarter

Overall: decreasing (30.6%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -6.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.9 (USD).Trend:Decrease 68.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share -2.95 (USD).Trend:Increase 55.26% than previous quarter

Overall: increasing (-50.83%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2020 to Q2 2021 indicates substantial fluctuations. The ratio of retained earnings to revenue displays a decreasing trend (101.77%) with large swings, particularly in Q1 2021. Retained earnings on assets follow a similar downward trend (30.6%) while earnings per share are also volatile (increasing -50.83%).  These findings point to considerable instability in the company's financial performance.