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 96.91 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 212.77 (%).Trend:Increase 119.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 124.01 (%).Trend:Decrease 41.72% than previous quarter

Overall: increasing (27.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 475.05 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 951.62 (%).Trend:Increase 100.32% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 454.45 (%).Trend:Decrease 52.24% than previous quarter

Overall: decreasing (-4.34%). 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 -593.54 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1443.68 (%).Trend:Increase 143.23% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -776.19 (%).Trend:Decrease 46.24% than previous quarter

Overall: decreasing (30.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 64.8 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 51.8 (%).Trend:Decrease 20.06% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 55.4 (%).Trend:Increase 6.95% than previous quarter

Overall: decreasing (-14.51%). 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 -71.27 (%).Trend:Decrease 29.12% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -80.62 (%).Trend:Increase 13.12% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -88.46 (%).Trend:Increase 9.72% than previous quarter

Overall: decreasing (24.12%). Fluctuation: **Significant** (high variation).

Earning Per Share


The data (Q3 2020 - Q2 2021) highlights significant fluctuations in several key performance indicators. Liabilities on revenue show an overall increase, while current assets on revenue slightly decreased. The ratio of retained earnings to revenue decreased considerably, demonstrating instability. The SG&A expense ratio showed a moderate decrease. Retained earnings on assets also declined.  This instability warrants thorough investigation into operational processes and financial controls.