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 40.21 (%).Trend:Decrease 38.91% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 65.23 (%).Trend:Increase 62.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 24.25 (%).Trend:Decrease 62.82% than previous quarter

Overall: decreasing (-39.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 119.55 (%).Trend:Decrease 21.75% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 263.14 (%).Trend:Increase 120.11% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 278.39 (%).Trend:Increase 5.8% than previous quarter

Overall: increasing (132.86%). 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 -229.17 (%).Trend:Decrease 47.75% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -499.79 (%).Trend:Increase 118.09% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -237.25 (%).Trend:Decrease 52.53% than previous quarter

Overall: decreasing (3.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 69.45 (%).Trend:Decrease 10.19% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52.87 (%).Trend:Decrease 23.87% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 51.48 (%).Trend:Decrease 2.63% than previous quarter

Overall: decreasing (-25.87%). Fluctuation: **Neutral** (moderate 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 -132.08 (%).Trend:Decrease 25.08% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -137.21 (%).Trend:Increase 3.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -74.47 (%).Trend:Decrease 45.73% than previous quarter

Overall: increasing (-43.62%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows substantial volatility.  Liabilities on revenue decreased overall, but with major fluctuations. Current assets on revenue increased significantly, also displaying high variability.  Cost efficiency, measured by the retained earnings-to-revenue ratio, decreased slightly, with considerable volatility.  SG&A expense ratio decreased, with moderate fluctuation. Investment efficiency (retained earnings on assets) increased, but with large, erratic changes. The provided data suggests considerable instability in the financial performance from Q3 2020 to Q2 2021.