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 25.41 (%).Trend:Decrease 26.13% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 74.56 (%).Trend:Increase 193.43% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.52 (%).Trend:Decrease 49.68% than previous quarter

Overall: increasing (47.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 31.96 (%).Trend:Decrease 19.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 95.83 (%).Trend:Increase 199.84% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 50.79 (%).Trend:Decrease 47.0% than previous quarter

Overall: increasing (58.92%). 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 20.0 (%).Trend:Decrease 29.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -54.55 (%).Trend:Decrease 372.75% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -22.6 (%).Trend:Decrease 58.57% than previous quarter

Overall: decreasing (-213.0%). 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 6.66 (%).Trend:Increase 4.39% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -6.64 (%).Trend:Decrease 199.7% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.61 (%).Trend:Decrease 15.51% than previous quarter

Overall: decreasing (-184.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.27 (USD).Trend:Increase 49.41% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 91.34% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.61 (USD).Trend:Increase 454.55% than previous quarter

Overall: decreasing (-51.97%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows significant variability.  Liabilities and current assets on revenue both show increases, then decreases,  suggesting erratic working capital management.  The ratio of retained earnings to revenue declines significantly, as does investment efficiency and earnings per share, highlighting a period of instability in these areas.