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 24.54 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 78.38 (%).Trend:Increase 219.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.85 (%).Trend:Decrease 37.68% than previous quarter

Overall: increasing (99.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 106.19 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 537.29 (%).Trend:Increase 405.97% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 192.92 (%).Trend:Decrease 64.09% than previous quarter

Overall: increasing (81.67%). 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 -28.27 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -115.48 (%).Trend:Increase 308.49% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -45.66 (%).Trend:Decrease 60.46% than previous quarter

Overall: decreasing (61.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.89 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.65 (%).Trend:Increase 44.59% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.02 (%).Trend:Decrease 20.95% than previous quarter

Overall: increasing (14.3%). Fluctuation: **Neutral** (moderate 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 -6.05 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -6.93 (%).Trend:Increase 14.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -6.4 (%).Trend:Decrease 7.65% than previous quarter

Overall: decreasing (5.79%). 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 -0.05 (USD).Trend:Increase 400.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.03 (USD).Trend:Decrease 40.0% than previous quarter

Overall: decreasing (200.0%). Fluctuation: **Significant** (high variation).



The report analyzes Q3 2020 to Q2 2021.  Liabilities on revenue showed a significant overall increase (99.06%) with substantial fluctuation. Current assets on revenue also saw a significant increase (81.67%) with large fluctuations.  The ratio of retained earnings to revenue decreased significantly (61.51%), displaying high variability.  SG&A expenses increased moderately (14.3%) with moderate fluctuation. Retained earnings on assets decreased (5.79%) with significant fluctuation. Earnings per share decreased significantly (200%).