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 84.18 (%).Trend:Decrease 34.09% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 245.64 (%).Trend:Increase 191.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 133.61 (%).Trend:Decrease 45.61% than previous quarter

Overall: increasing (58.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 124.36 (%).Trend:Decrease 40.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 351.24 (%).Trend:Increase 182.44% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 151.44 (%).Trend:Decrease 56.88% than previous quarter

Overall: increasing (21.78%). 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 -155.89 (%).Trend:Decrease 32.82% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -398.96 (%).Trend:Increase 155.92% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -195.48 (%).Trend:Decrease 51.0% than previous quarter

Overall: decreasing (25.4%). 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 -61.01 (%).Trend:Increase 3.04% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -61.67 (%).Trend:Increase 1.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -60.86 (%).Trend:Decrease 1.31% than previous quarter

Overall: increasing (-0.25%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2020 to Q2 2021 display significant volatility. Liabilities on revenue increased in Q1 2021, followed by a decrease in Q2 2021, after a decrease in Q3 2020. Current assets followed a similar pattern. Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a clear decreasing trend. Investment efficiency shows a slight decrease in retained earnings on assets.