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 15.16 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 79.56 (%).Trend:Increase 424.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 41.44 (%).Trend:Decrease 47.91% than previous quarter

Overall: increasing (173.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 24.74 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 109.28 (%).Trend:Increase 341.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 57.39 (%).Trend:Decrease 47.48% than previous quarter

Overall: increasing (131.97%). 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 12.55 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 9.4 (%).Trend:Decrease 25.1% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 1.76 (%).Trend:Decrease 81.28% than previous quarter

Overall: decreasing (-85.98%). 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 7.27 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 1.45 (%).Trend:Decrease 80.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 0.63 (%).Trend:Decrease 56.55% than previous quarter

Overall: decreasing (-91.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.62 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.2 (USD).Trend:Decrease 67.74% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.28 (USD).Trend:Increase 40.0% than previous quarter

Overall: increasing (-54.84%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows significant volatility.  Liabilities on revenue increased dramatically in Q1 2021, then decreased substantially in Q2 2021, exhibiting high variation. Current assets on revenue also displayed similar erratic patterns.  Cost efficiency, as measured by the ratio of retained earnings to revenue, declined sharply over the period, with significant quarter-to-quarter fluctuations.  Invest efficiency, similarly, saw a substantial drop in retained earning on assets, while earnings per share show a decreasing trend, though with intermittent increases.  Overall, the data points to a period of significant financial instability.