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 67.5 (%).Trend:Decrease 34.48% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 196.03 (%).Trend:Increase 190.41% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 88.31 (%).Trend:Decrease 54.95% than previous quarter

Overall: increasing (30.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 204.65 (%).Trend:Decrease 12.55% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 529.14 (%).Trend:Increase 158.56% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 214.04 (%).Trend:Decrease 59.55% than previous quarter

Overall: increasing (4.59%). 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 -174.33 (%).Trend:Decrease 11.79% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -722.4 (%).Trend:Increase 314.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -350.27 (%).Trend:Decrease 51.51% than previous quarter

Overall: decreasing (100.92%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.81 (%).Trend:Increase 3.06% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.88 (%).Trend:Decrease 8.97% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.76 (%).Trend:Decrease 2.81% than previous quarter

Overall: decreasing (-11.53%). 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 -27.73 (%).Trend:Increase 15.88% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -40.59 (%).Trend:Increase 46.38% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -46.66 (%).Trend:Increase 14.95% than previous quarter

Overall: decreasing (68.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.84 (USD).Trend:Decrease 72.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.62 (USD).Trend:Increase 92.86% than previous quarter

Overall: increasing (-46.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 shows substantial fluctuations.  Liabilities on revenue show an increase, albeit with significant variability.  Current assets on revenue also increase with high variability. Cost efficiency shows a significant overall decrease in the ratio of retained earnings to revenue, with substantial fluctuation. The SG&A expense ratio trends downward but with less drastic variation. Invest efficiency, as measured by retained earnings on assets, exhibits a consistent decline with volatility. Earnings per share show a mixed pattern of increase and decrease with high variability.