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 75.91 (%).Trend:Decrease 36.1% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 99.13 (%).Trend:Increase 30.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 78.54 (%).Trend:Decrease 20.77% than previous quarter

Overall: increasing (3.46%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81.83 (%).Trend:Decrease 39.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 65.1 (%).Trend:Decrease 20.44% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 36.46 (%).Trend:Decrease 43.99% than previous quarter

Overall: decreasing (-55.44%). 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 -729.55 (%).Trend:Decrease 21.61% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -1189.02 (%).Trend:Increase 62.98% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -512.02 (%).Trend:Decrease 56.94% than previous quarter

Overall: increasing (-29.82%). 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 -159.75 (%).Trend:Increase 43.72% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -214.23 (%).Trend:Increase 34.1% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -179.64 (%).Trend:Decrease 16.15% than previous quarter

Overall: decreasing (12.45%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -18.53 (USD).Trend:Increase 1314.5% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.73 (USD).Trend:Decrease 90.66% than previous quarter
Year 2021 Quarter 2: Earning Per Share -3.27 (USD).Trend:Increase 89.02% than previous quarter

Overall: increasing (-82.35%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal a mixed financial picture. Liabilities on revenue initially fell then rose slightly, with moderate fluctuation. Current assets on revenue declined consistently.  The ratio of retained earnings to revenue fell significantly. Investment efficiency and earnings per share show substantial fluctuation but decrease across the period.