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 18.69 (%).Trend:Decrease 22.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.32 (%).Trend:Increase 153.18% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 22.75 (%).Trend:Decrease 51.92% than previous quarter

Overall: increasing (21.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 37.86 (%).Trend:Decrease 35.92% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 100.4 (%).Trend:Increase 165.19% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 52.13 (%).Trend:Decrease 48.08% than previous quarter

Overall: increasing (37.69%). 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 -45.83 (%).Trend:Decrease 34.26% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -117.51 (%).Trend:Increase 156.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -59.31 (%).Trend:Decrease 49.53% than previous quarter

Overall: decreasing (29.41%). 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 -98.42 (%).Trend:Decrease 10.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -89.92 (%).Trend:Decrease 8.64% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -89.24 (%).Trend:Decrease 0.76% than previous quarter

Overall: increasing (-9.33%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial statements for Q3 2020 to Q2 2021 reveal significant volatility in working capital efficiency. Liabilities on revenue experienced a decrease followed by a substantial increase and another decrease. Current assets on revenue also show a similar pattern of substantial changes.  Cost efficiency, measured by the ratio of retained earnings to revenue, depicts a declining trend with considerable fluctuations.  Invest efficiency shows a slight overall upward trend in retained earnings on assets, though significant quarter-to-quarter variations exist.  SG&A expense ratio data is not provided, leaving out a potentially important aspect of cost efficiency. The analysis shows a pattern of substantial and unpredictable fluctuations across key metrics.