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 24.61 (%).Trend:Decrease 30.48% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 75.46 (%).Trend:Increase 206.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.74 (%).Trend:Decrease 48.66% than previous quarter

Overall: increasing (57.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 38.86 (%).Trend:Decrease 28.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 110.56 (%).Trend:Increase 184.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 51.75 (%).Trend:Decrease 53.19% than previous quarter

Overall: increasing (33.17%). 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 -5.1 (%).Trend:Decrease 38.55% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -17.7 (%).Trend:Increase 247.06% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -6.42 (%).Trend:Decrease 63.73% than previous quarter

Overall: decreasing (25.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.93 (%).Trend:Decrease 3.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.78 (%).Trend:Decrease 4.27% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.95 (%).Trend:Decrease 7.1% than previous quarter

Overall: decreasing (-11.07%). 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 -3.79 (%).Trend:Decrease 8.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -4.66 (%).Trend:Increase 22.96% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -3.62 (%).Trend:Decrease 22.32% than previous quarter

Overall: increasing (-4.49%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2020 to Q2 2021 show significant volatility in financial metrics.  Liabilities and current assets on revenue show significant increases and decreases, highlighting unstable working capital efficiency.  Cost efficiency, as reflected by the decreasing trend in the ratio of retained earnings to revenue, suggests potential challenges. The SG&A expense ratio shows a modest decrease, while invest efficiency experiences substantial declines in retained earnings on assets.  Overall, the data points to significant fluctuations and potential challenges in the company's financial performance.