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 18.49 (%).Trend:Decrease 42.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 120.67 (%).Trend:Increase 552.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.67 (%).Trend:Decrease 58.01% than previous quarter

Overall: increasing (174.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 341.96 (%).Trend:Decrease 44.93% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1057.85 (%).Trend:Increase 209.35% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 443.39 (%).Trend:Decrease 58.09% than previous quarter

Overall: increasing (29.66%). 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 -375.46 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -487.21 (%).Trend:Increase 29.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -151.8 (%).Trend:Decrease 68.84% than previous quarter

Overall: increasing (-59.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.2 (%).Trend:Decrease 17.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Decrease 48.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.37 (%).Trend:Decrease 16.51% than previous quarter

Overall: decreasing (-57.15%). Fluctuation: **Significant** (high 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 -104.53 (%).Trend:Decrease 5.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -44.87 (%).Trend:Decrease 57.07% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -33.36 (%).Trend:Decrease 25.65% than previous quarter

Overall: increasing (-68.09%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 51.22% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 325.0% than previous quarter

Overall: increasing (107.32%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2021, then decreased substantially in Q2 and Q3 2021, before increasing again in Q1 2022.  Current assets on revenue also show a similar pattern of substantial increases and decreases across the same period, indicating instability.  Cost efficiency reveals a decrease in SG&A expense ratio, but with significant quarter-to-quarter variation.  Investment efficiency, measured by retained earnings on assets, shows a highly volatile trend with substantial decreases throughout the period.  Earnings per share initially decreased, then increased significantly in Q2 and Q3 2021, before decreasing in Q1 2022.