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 22.96 (%).Trend:Decrease 21.53% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 58.17 (%).Trend:Increase 153.35% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.27 (%).Trend:Decrease 46.24% than previous quarter

Overall: increasing (36.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 71.87 (%).Trend:Decrease 28.12% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 194.53 (%).Trend:Increase 170.67% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 100.73 (%).Trend:Decrease 48.22% than previous quarter

Overall: increasing (40.16%). 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 -113.18 (%).Trend:Decrease 37.76% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -255.1 (%).Trend:Increase 125.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -117.63 (%).Trend:Decrease 53.89% than previous quarter

Overall: decreasing (3.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.35 (%).Trend:Decrease 0.25% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.56 (%).Trend:Decrease 16.9% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.01 (%).Trend:Increase 6.15% than previous quarter

Overall: decreasing (-11.78%). Fluctuation: **Little** (low 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 -34.45 (%).Trend:Decrease 4.81% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -31.35 (%).Trend:Decrease 9.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -28.79 (%).Trend:Decrease 8.17% than previous quarter

Overall: increasing (-16.43%). Fluctuation: **Significant** (high variation).

Earning Per Share


The provided financial statements, covering Q3 2020 to Q2 2021, show working capital efficiency with considerable fluctuations in liabilities and current assets on revenue.  Liabilities on revenue decreased, then significantly increased, and then decreased again. Current assets on revenue also showed significant variability. Cost efficiency demonstrates a decreasing trend in the ratio of retained earnings to revenue, but a relatively stable SG&A expense ratio. Invest efficiency exhibits considerable variation in retained earnings on assets. Earnings per share, meanwhile, are consistently increasing. Overall, the 3-quarter data shows substantial volatility across most financial metrics.