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 41.26 (%).Trend:Decrease 32.32% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 109.39 (%).Trend:Increase 165.12% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.14 (%).Trend:Decrease 54.16% than previous quarter

Overall: increasing (21.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 135.85 (%).Trend:Decrease 27.96% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 478.84 (%).Trend:Increase 252.48% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 229.58 (%).Trend:Decrease 52.05% than previous quarter

Overall: increasing (69.0%). 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 -35.42 (%).Trend:Decrease 41.91% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -44.6 (%).Trend:Increase 25.92% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -14.98 (%).Trend:Decrease 66.41% than previous quarter

Overall: increasing (-57.71%). 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 -19.0 (%).Trend:Decrease 14.99% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -7.34 (%).Trend:Decrease 61.37% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.02 (%).Trend:Decrease 31.61% than previous quarter

Overall: increasing (-73.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.69 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 185.51% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.14 (USD).Trend:Increase 93.22% than previous quarter

Overall: increasing (-265.22%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows substantial volatility. Liabilities on revenue decreased from Q3 2020, spiked in Q1 2021, then decreased again in Q2 2021.  Current assets on revenue also show significant fluctuation, with a large increase in Q1 2021, followed by a decrease in Q2 2021.  Cost efficiency shows an overall increasing trend, with large fluctuations, in the ratio of retained earnings to revenue.  Investment efficiency shows an increasing trend but significant declines across the quarters.  Earnings per share show dramatic variation and an upward trend overall.