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 31.33 (%).Trend:Decrease 32.58% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 143.91 (%).Trend:Increase 359.34% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 73.38 (%).Trend:Decrease 49.01% than previous quarter

Overall: increasing (134.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 57.17 (%).Trend:Decrease 25.62% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 120.54 (%).Trend:Increase 110.84% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 58.51 (%).Trend:Decrease 51.46% than previous quarter

Overall: increasing (2.34%). 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 -28.88 (%).Trend:Decrease 15.01% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -117.3 (%).Trend:Increase 306.16% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -61.51 (%).Trend:Decrease 47.56% than previous quarter

Overall: decreasing (112.98%). 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 -6.09 (%).Trend:Increase 28.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -12.06 (%).Trend:Increase 98.03% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -12.89 (%).Trend:Increase 6.88% than previous quarter

Overall: decreasing (111.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -2.5 (USD).Trend:Increase 10.62% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.27 (USD).Trend:Decrease 89.2% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.43 (USD).Trend:Increase 59.26% than previous quarter

Overall: increasing (-82.8%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal volatile financial performance. Liabilities on revenue saw an initial decrease followed by a sharp increase, suggesting a possible financial management issue. Current assets showed volatility but an overall increasing trend.  Cost efficiency shows an overall negative trend with high volatility, indicating potential issues with profitability.  Investment efficiency shows a constant decline, with considerable fluctuations. Earnings per share demonstrate a negative trend with high variation.