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 42.93 (%).Trend:Decrease 32.11% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 121.8 (%).Trend:Increase 183.72% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 69.01 (%).Trend:Decrease 43.34% than previous quarter

Overall: increasing (60.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 369.47 (%).Trend:Decrease 37.68% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 825.66 (%).Trend:Increase 123.47% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 394.5 (%).Trend:Decrease 52.22% than previous quarter

Overall: increasing (6.77%). 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 -126.67 (%).Trend:Decrease 32.81% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -333.55 (%).Trend:Increase 163.32% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -170.75 (%).Trend:Decrease 48.81% than previous quarter

Overall: decreasing (34.8%). 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 -28.19 (%).Trend:Increase 6.82% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -32.76 (%).Trend:Increase 16.21% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -34.3 (%).Trend:Increase 4.7% than previous quarter

Overall: decreasing (21.67%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis of Q3 2020 to Q2 2021 data shows significant fluctuations in key financial metrics. Liabilities on revenue increased overall by 60.75%, while current assets on revenue showed a smaller increase of 6.77%.  The ratio of retained earnings to revenue decreased by 34.8%, indicating declining profitability. Retained earnings on assets also decreased by 21.67%, suggesting issues with investment efficiency.  All metrics demonstrate high variability.