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 29.45 (%).Trend:Decrease 19.4% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 88.69 (%).Trend:Increase 201.15% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 44.59 (%).Trend:Decrease 49.72% than previous quarter

Overall: increasing (51.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 79.88 (%).Trend:Decrease 29.89% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 225.51 (%).Trend:Increase 182.31% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 110.87 (%).Trend:Decrease 50.84% than previous quarter

Overall: increasing (38.8%). 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 -245.6 (%).Trend:Decrease 39.74% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -790.4 (%).Trend:Increase 221.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -372.28 (%).Trend:Decrease 52.9% than previous quarter

Overall: decreasing (51.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.91 (%).Trend:Decrease 4.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 62.5 (%).Trend:Increase 18.13% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 62.47 (%).Trend:Decrease 0.05% than previous quarter

Overall: increasing (18.07%). 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 -112.04 (%).Trend:Decrease 5.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -110.38 (%).Trend:Decrease 1.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -107.64 (%).Trend:Decrease 2.48% than previous quarter

Overall: increasing (-3.93%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance reveals significant fluctuations across key metrics.  Liabilities on revenue saw substantial swings, increasing dramatically in Q1 2021 before adjusting.  Current assets on revenue also displayed significant volatility, contrasting sharply between quarters.  Cost efficiency is problematic, with a large, negative ratio of retained earnings to revenue, indicating potentially poor profitability.  Despite this, SG&A expense ratio exhibits less volatility, showing a moderate increase. Investment efficiency, represented by retained earnings on assets, also displays fluctuations.  Earning per share shows a positive upward trend.