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 37.95 (%).Trend:Decrease 32.94% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 129.33 (%).Trend:Increase 240.79% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 63.14 (%).Trend:Decrease 51.18% than previous quarter

Overall: increasing (66.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 52.8 (%).Trend:Decrease 31.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 162.26 (%).Trend:Increase 207.31% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 79.36 (%).Trend:Decrease 51.09% than previous quarter

Overall: increasing (50.3%). 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 -40.16 (%).Trend:Decrease 8.46% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -151.49 (%).Trend:Increase 277.22% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -65.68 (%).Trend:Decrease 56.64% than previous quarter

Overall: decreasing (63.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.45 (%).Trend:Increase 0.5% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.36 (%).Trend:Decrease 0.28% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.99 (%).Trend:Decrease 4.23% than previous quarter

Overall: decreasing (-4.5%). 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 -19.72 (%).Trend:Increase 51.93% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -22.27 (%).Trend:Increase 12.93% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -19.72 (%).Trend:Decrease 11.45% than previous quarter

Overall: stable (-0.0%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2021, then decreased in Q2 and Q3 2021 before increasing again in Q1 2022. Current assets on revenue show a similar pattern of significant increases and decreases. Cost efficiency shows a consistent decrease in the SG&A expense ratio, with little fluctuation.  The ratio of retained earnings to revenue is decreasing significantly. Investment efficiency shows a stable trend, but with significant fluctuations in retained earnings on assets. Overall, the financial performance shows significant volatility across all metrics except the SG&A expense ratio.