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 20.88 (%).Trend:Decrease 16.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 81.51 (%).Trend:Increase 290.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.12 (%).Trend:Decrease 42.19% than previous quarter

Overall: increasing (125.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 54.89 (%).Trend:Decrease 32.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 177.55 (%).Trend:Increase 223.47% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 222.75 (%).Trend:Increase 25.46% than previous quarter

Overall: increasing (305.81%). 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 -649.5 (%).Trend:Decrease 30.38% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1830.12 (%).Trend:Increase 181.77% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -871.51 (%).Trend:Decrease 52.38% than previous quarter

Overall: decreasing (34.18%). 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 -532.12 (%).Trend:Increase 4.86% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -514.86 (%).Trend:Decrease 3.24% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -270.97 (%).Trend:Decrease 47.37% than previous quarter

Overall: increasing (-49.08%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 indicates further volatility. Liabilities on revenue initially decreased, then increased substantially in Q1 2021, before declining again in Q2 2021. Current assets on revenue increased significantly, but with significant fluctuations in each quarter. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a decreasing trend. Investment efficiency (retained earnings on assets) shows a fluctuating, overall decreasing trend across the reporting period.