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 246.75 (%).Trend:Decrease 37.01% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 131.3 (%).Trend:Decrease 46.79% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 150.36 (%).Trend:Increase 14.52% than previous quarter

Overall: decreasing (-39.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 1074.05 (%).Trend:Decrease 45.03% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 513.03 (%).Trend:Decrease 52.23% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 429.02 (%).Trend:Decrease 16.38% than previous quarter

Overall: decreasing (-60.06%). 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 -4735.37 (%).Trend:Decrease 49.85% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1551.78 (%).Trend:Decrease 67.23% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -946.86 (%).Trend:Decrease 38.98% than previous quarter

Overall: increasing (-80.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 227.47 (%).Trend:Decrease 22.5% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.91 (%).Trend:Decrease 88.17% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.33 (%).Trend:Increase 20.14% than previous quarter

Overall: decreasing (-85.79%). Fluctuation: **Significant** (high 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 -361.8 (%).Trend:Decrease 7.14% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -263.85 (%).Trend:Decrease 27.07% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -198.9 (%).Trend:Decrease 24.62% than previous quarter

Overall: increasing (-45.02%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q3 2020 to Q2 2021 demonstrates significant volatility across various metrics. Liabilities on revenue declined, while current assets on revenue also decreased sharply.  The ratio of retained earnings to revenue increased negatively. SG&A expense ratio decreased substantially.  Investment efficiency shows a negative increase in retained earnings on assets. The lack of data on earnings per share complicates a complete financial health assessment.