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 69.74 (%).Trend:Decrease 35.47% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 230.77 (%).Trend:Increase 230.9% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 110.77 (%).Trend:Decrease 52.0% than previous quarter

Overall: increasing (58.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 62.51 (%).Trend:Decrease 79.37% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 204.03 (%).Trend:Increase 226.4% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 83.97 (%).Trend:Decrease 58.84% than previous quarter

Overall: increasing (34.33%). 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 164.07 (%).Trend:Decrease 38.0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 379.9 (%).Trend:Increase 131.55% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 67.49 (%).Trend:Decrease 82.23% than previous quarter

Overall: decreasing (-58.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 74.18 (%).Trend:Increase 5.18% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 19.11 (%).Trend:Decrease 74.24% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 6.38 (%).Trend:Decrease 66.61% than previous quarter

Overall: decreasing (-91.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -11.4 (USD).Trend:Increase 1040.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -42.22 (USD).Trend:Increase 270.35% than previous quarter

Overall: decreasing (4122.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 reveals significant volatility in various financial metrics. Liabilities and current assets on revenue experienced alternating increases and decreases, suggesting instability in working capital management.  Cost efficiency, as measured by the ratio of retained earnings to revenue, declined overall with significant fluctuations. Investment efficiency, tracked by retained earnings on assets, plummeted significantly during this time.  Earnings per share also decreased substantially, demonstrating significant instability. Further analysis is needed to uncover the root causes of these substantial fluctuations.