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 46.09 (%).Trend:Increase 24.47% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 78.92 (%).Trend:Increase 71.23% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.0 (%).Trend:Decrease 49.32% than previous quarter

Overall: decreasing (-13.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 45.48 (%).Trend:Decrease 36.28% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 171.44 (%).Trend:Increase 276.96% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.56 (%).Trend:Decrease 48.34% than previous quarter

Overall: increasing (94.72%). 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 10.0 (%).Trend:Decrease 23.08% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 53.62 (%).Trend:Increase 436.2% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 28.93 (%).Trend:Decrease 46.05% than previous quarter

Overall: increasing (189.3%). 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 6.32 (%).Trend:Increase 11.46% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 9.94 (%).Trend:Increase 57.28% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 10.98 (%).Trend:Increase 10.46% than previous quarter

Overall: increasing (73.73%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -2.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 109.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.35 (USD).Trend:Increase 94.44% than previous quarter

Overall: increasing (-117.5%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased significantly from Q3 2020 to Q1 2021, then decreased substantially in Q2 2021.  Current assets on revenue also show substantial increases and decreases, with a substantial increase in Q1 2021, followed by a decrease in Q2 and Q3 2021.  Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits high volatility, increasing dramatically in Q1 2021 after declining in prior periods.  Investment efficiency, as measured by retained earnings on assets, shows a general upward trend with significant quarter-to-quarter variation. Earnings per share, show a fluctuating pattern, increasing slightly, then decreasing substantially in Q1 2021, and then showing an increase in Q2 2021.