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 69.95 (%).Trend:Decrease 32.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 208.24 (%).Trend:Increase 197.7% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 98.8 (%).Trend:Decrease 52.55% than previous quarter

Overall: increasing (41.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 99.99 (%).Trend:Decrease 34.47% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 330.11 (%).Trend:Increase 230.14% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 156.31 (%).Trend:Decrease 52.65% than previous quarter

Overall: increasing (56.33%). 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 -69.65 (%).Trend:Decrease 32.04% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -217.36 (%).Trend:Increase 212.07% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -105.42 (%).Trend:Decrease 51.5% than previous quarter

Overall: decreasing (51.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.03 (%).Trend:Decrease 3.37% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.28 (%).Trend:Increase 2.08% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.38 (%).Trend:Increase 0.81% than previous quarter

Overall: increasing (2.91%). 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 -28.37 (%).Trend:Increase 2.23% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -28.22 (%).Trend:Decrease 0.53% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -28.53 (%).Trend:Increase 1.1% than previous quarter

Overall: decreasing (0.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2020 to Q2 2021 show significant fluctuations.  Working capital efficiency (liabilities and current assets on revenue) increases but with substantial variation. Cost efficiency reveals a considerable decrease in the ratio of retained earnings to revenue with notable volatility.  The SG&A expense ratio shows minor fluctuation.  Investment efficiency, as measured by retained earnings on assets, displays significant volatility. Overall, the data indicates unpredictable financial performance with considerable quarter-to-quarter variation.