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 41.56 (%).Trend:Decrease 24.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 160.45 (%).Trend:Increase 286.07% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 93.84 (%).Trend:Decrease 41.51% than previous quarter

Overall: increasing (125.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 369.22 (%).Trend:Increase 29.52% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1143.58 (%).Trend:Increase 209.73% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 518.92 (%).Trend:Decrease 54.62% than previous quarter

Overall: increasing (40.54%). 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 -886.46 (%).Trend:Decrease 27.49% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2678.72 (%).Trend:Increase 202.18% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1501.74 (%).Trend:Decrease 43.94% than previous quarter

Overall: decreasing (69.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -200.52 (%).Trend:Decrease 35.88% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -199.09 (%).Trend:Decrease 0.71% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -241.96 (%).Trend:Increase 21.53% than previous quarter

Overall: decreasing (20.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -2.04 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.5 (USD).Trend:Decrease 75.49% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.44 (USD).Trend:Increase 188.0% than previous quarter

Overall: increasing (-29.41%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2020 to Q2 2021 data reveals considerable financial instability.  Liabilities on revenue demonstrate significant increases overall (125.79%) but fluctuate dramatically. Current assets on revenue show a smaller overall increase (40.54%), but with substantial quarterly variation.  Cost efficiency is a major weakness; the ratio of retained earnings to revenue demonstrates a considerable overall decrease (69.41%). Similarly, retained earnings on assets show a concerning overall decrease (20.67%).  The negative growth and volatility in earnings per share (-29.41%) are also significant concerns.