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 56.59 (%).Trend:Decrease 25.16% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 144.12 (%).Trend:Increase 154.67% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 78.95 (%).Trend:Decrease 45.22% than previous quarter

Overall: increasing (39.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 204.65 (%).Trend:Decrease 38.63% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 626.03 (%).Trend:Increase 205.9% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 281.83 (%).Trend:Decrease 54.98% than previous quarter

Overall: increasing (37.71%). 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 -224.16 (%).Trend:Decrease 30.22% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -595.05 (%).Trend:Increase 165.46% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -323.34 (%).Trend:Decrease 45.66% than previous quarter

Overall: decreasing (44.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 48.22 (%).Trend:Decrease 3.35% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.14 (%).Trend:Decrease 8.46% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.99 (%).Trend:Decrease 2.61% than previous quarter

Overall: decreasing (-10.85%). 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 -77.72 (%).Trend:Increase 13.11% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -70.78 (%).Trend:Decrease 8.93% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -82.7 (%).Trend:Increase 16.84% than previous quarter

Overall: decreasing (6.41%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2020 to Q2 2021 show significant volatility in working capital efficiency.  Liabilities and current assets on revenue fluctuate wildly.  Cost efficiency reveals a substantial decrease in the ratio of retained earnings to revenue, but the selling, general, and administrative (SG&A) expense ratio shows a modest decrease.  Investment efficiency demonstrates high volatility in retained earnings on assets.