Working Capital Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 1: Liabilities on Revenue 284.56 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 155.84 (%).Trend:Decrease 45.23% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 113.18 (%).Trend:Decrease 27.37% than previous quarter

Overall: decreasing (-60.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 522.37 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 268.47 (%).Trend:Decrease 48.61% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 180.8 (%).Trend:Decrease 32.66% than previous quarter

Overall: decreasing (-65.39%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -258.07 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -138.91 (%).Trend:Decrease 46.17% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -94.97 (%).Trend:Decrease 31.63% than previous quarter

Overall: increasing (-63.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 1: Retained Earning on Assets -37.96 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -40.02 (%).Trend:Increase 5.43% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -39.41 (%).Trend:Decrease 1.52% than previous quarter

Overall: decreasing (3.82%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 reveals notable fluctuations. Working capital efficiency demonstrates significant increases in both liabilities and current assets on revenue, though with significant volatility. Cost efficiency (retained earnings to revenue ratio) presents a decreasing trend with high variation. Investment efficiency (retained earnings on assets) shows an increasing trend with high variation.  These findings suggest financial performance is unstable and requires further investigation into underlying causes.