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 132.29 (%).Trend:Decrease 34.29% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 374.42 (%).Trend:Increase 183.03% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 154.36 (%).Trend:Decrease 58.77% than previous quarter

Overall: increasing (16.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 526.2 (%).Trend:Decrease 38.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1256.82 (%).Trend:Increase 138.85% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 437.36 (%).Trend:Decrease 65.2% than previous quarter

Overall: decreasing (-16.88%). 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 -1537.69 (%).Trend:Decrease 44.78% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -4630.59 (%).Trend:Increase 201.14% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1904.28 (%).Trend:Decrease 58.88% than previous quarter

Overall: decreasing (23.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 235.98 (%).Trend:Decrease 22.47% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 227.29 (%).Trend:Decrease 3.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 179.74 (%).Trend:Decrease 20.92% than previous quarter

Overall: decreasing (-23.83%). 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 -278.36 (%).Trend:Decrease 11.74% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -350.64 (%).Trend:Increase 25.97% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -413.8 (%).Trend:Increase 18.01% than previous quarter

Overall: decreasing (48.66%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 displays notable fluctuations.  Liabilities on revenue exhibit an increasing trend with significant volatility. Current assets on revenue decrease overall, again with substantial variation.  Cost efficiency, as measured by the declining ratio of retained earnings to revenue, suggests potential issues. The SG&A expense ratio also exhibits a decreasing trend.  Investment efficiency, indicated by a decreasing retained earnings on assets ratio, also demonstrates high volatility.  Further analysis is needed to understand the drivers and identify any potential outliers.