Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 142.4 (%).Trend:Decrease 35.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 395.78 (%).Trend:Increase 177.94% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 192.51 (%).Trend:Decrease 51.36% than previous quarter

Overall: increasing (35.19%). 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 -131.26 (%).Trend:Decrease 37.53% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -324.67 (%).Trend:Increase 147.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -157.63 (%).Trend:Decrease 51.45% than previous quarter

Overall: decreasing (20.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.8 (%).Trend:Decrease 5.26% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.52 (%).Trend:Decrease 1.41% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.06 (%).Trend:Decrease 2.36% than previous quarter

Overall: decreasing (-3.74%). 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 -48.23 (%).Trend:Decrease 3.98% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -40.28 (%).Trend:Decrease 16.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -40.29 (%).Trend:Increase 0.02% than previous quarter

Overall: increasing (-16.46%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuations, increasing overall but with substantial quarter-to-quarter changes.  Current assets on revenue increased sharply in Q1 2021, then decreased significantly in subsequent quarters. Cost efficiency also displays significant fluctuations, with the ratio of retained earnings to revenue decreasing overall, but with large increases and decreases between quarters. The SG&A expense ratio has been consistently decreasing, with little fluctuation. Investment efficiency shows a slight overall increase but high quarter-to-quarter variation in retained earnings on assets.  Overall financial performance exhibits significant volatility requiring further investigation for underlying causes.