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 25.44 (%).Trend:Decrease 40.1% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 83.57 (%).Trend:Increase 228.5% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.02 (%).Trend:Decrease 44.93% than previous quarter

Overall: increasing (80.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 32.02 (%).Trend:Decrease 34.03% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 81.38 (%).Trend:Increase 154.15% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 42.13 (%).Trend:Decrease 48.23% than previous quarter

Overall: increasing (31.57%). 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 -7.6 (%).Trend:Decrease 33.51% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -26.89 (%).Trend:Increase 253.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -12.1 (%).Trend:Decrease 55.0% than previous quarter

Overall: decreasing (59.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.73 (%).Trend:Decrease 1.52% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.26 (%).Trend:Increase 15.72% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.86 (%).Trend:Decrease 3.55% than previous quarter

Overall: increasing (11.61%). 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 -11.64 (%).Trend:Decrease 1.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -11.4 (%).Trend:Decrease 2.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -10.95 (%).Trend:Decrease 3.95% than previous quarter

Overall: increasing (-5.93%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.01 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 700.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.08 (USD).Trend:Increase 33.33% than previous quarter

Overall: decreasing (-900.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations in liabilities and current assets on revenue, indicating potential instability. Cost efficiency is negatively impacted by a significant decrease in the ratio of retained earnings to revenue, suggesting difficulties in generating profits.  SG&A expense ratio shows little fluctuation, implying consistent management in this area. Investment efficiency demonstrates a slight increase in retained earnings on assets, but significant variation exists. Earning per share is negative throughout the period, highlighting a loss-making situation with high fluctuations.