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 24.34 (%).Trend:Decrease 27.99% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 75.11 (%).Trend:Increase 208.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.66 (%).Trend:Decrease 52.52% than previous quarter

Overall: increasing (46.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 48.01 (%).Trend:Decrease 22.18% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 132.72 (%).Trend:Increase 176.44% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 66.14 (%).Trend:Decrease 50.17% than previous quarter

Overall: increasing (37.76%). 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 -13.4 (%).Trend:Decrease 48.72% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -24.3 (%).Trend:Increase 81.34% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -12.17 (%).Trend:Decrease 49.92% than previous quarter

Overall: increasing (-9.18%). 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 -13.88 (%).Trend:Decrease 26.33% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -8.11 (%).Trend:Decrease 41.57% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -8.04 (%).Trend:Decrease 0.86% than previous quarter

Overall: increasing (-42.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.32 (USD).Trend:Increase 540.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 12.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.29 (USD).Trend:Increase 3.57% than previous quarter

Overall: decreasing (-9.38%). Fluctuation: **Little** (low variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2021, then decreased substantially in Q2 2021, and further decreased in Q2 2022.  Current assets on revenue also exhibited significant fluctuations, increasing sharply in Q1 2021 and subsequently decreasing. Cost efficiency, measured by the ratio of retained earnings to revenue, displays a significant overall increase, but with substantial quarter-to-quarter variation.  Invest efficiency shows significant fluctuations, with retained earnings on assets consistently negative. Earnings per share experienced a significant decrease in Q1 2021, followed by slight recovery in Q2 2021, and a more substantial decline in Q2 2022.