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 54.98 (%).Trend:Decrease 29.05% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 200.15 (%).Trend:Increase 264.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 111.37 (%).Trend:Decrease 44.36% than previous quarter

Overall: increasing (102.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 116.81 (%).Trend:Decrease 36.31% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 533.14 (%).Trend:Increase 356.42% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 241.31 (%).Trend:Decrease 54.74% than previous quarter

Overall: increasing (106.58%). 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 -37.62 (%).Trend:Decrease 22.77% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -164.51 (%).Trend:Increase 337.29% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -89.19 (%).Trend:Decrease 45.78% than previous quarter

Overall: decreasing (137.08%). 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 -11.14 (%).Trend:Increase 19.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -13.57 (%).Trend:Increase 21.81% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -15.54 (%).Trend:Increase 14.52% than previous quarter

Overall: decreasing (39.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.16 (USD).Trend:Increase 58.82% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.74 (USD).Trend:Decrease 65.74% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.56 (USD).Trend:Increase 110.81% than previous quarter

Overall: decreasing (-27.78%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2021, then decreased significantly before increasing again in Q1 2022.  Similarly, current assets on revenue increased substantially in Q1 2021, then decreased before increasing again in Q1 2022.  Cost efficiency is also characterized by significant fluctuation, with the ratio of retained earnings to revenue consistently decreasing over the period.  Investment efficiency also displays considerable fluctuation, with a generally downward trend. Earnings per share have also fluctuated considerably, with a net decrease over the reporting period.  Overall, the financial performance shows high volatility and unpredictable trends.