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 20.9 (%).Trend:Decrease 32.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 81.99 (%).Trend:Increase 292.3% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.38 (%).Trend:Decrease 50.75% than previous quarter

Overall: increasing (93.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 41.24 (%).Trend:Decrease 29.86% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 137.62 (%).Trend:Increase 233.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 69.57 (%).Trend:Decrease 49.45% than previous quarter

Overall: increasing (68.7%). 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 28.17 (%).Trend:Decrease 48.2% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 104.99 (%).Trend:Increase 272.7% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 41.74 (%).Trend:Decrease 60.24% than previous quarter

Overall: increasing (48.17%). 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 29.95 (%).Trend:Decrease 17.38% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 28.77 (%).Trend:Decrease 3.94% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 23.66 (%).Trend:Decrease 17.76% than previous quarter

Overall: decreasing (-21.0%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial analysis from Q3 2020 to Q2 2021 indicates significant fluctuations across key financial metrics. Liabilities on revenue, while initially decreasing, dramatically increased in Q1 2021 before decreasing again in Q2.  Current assets on revenue demonstrate a similar pattern of significant fluctuation, with substantial increases and decreases throughout the period. Cost efficiency, measured by the ratio of retained earnings to revenue, follows a similar erratic trend, with significant increases and decreases over the three quarters. Investment efficiency, however, shows a more stable decreasing trend.  The consistent pattern of significant volatility highlights a need for substantial adjustments to the company's strategies and financial management.