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 51.11 (%).Trend:Decrease 19.9% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 127.36 (%).Trend:Increase 149.19% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 94.55 (%).Trend:Decrease 25.76% than previous quarter

Overall: increasing (84.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 44.43 (%).Trend:Decrease 24.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 106.55 (%).Trend:Increase 139.82% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 116.77 (%).Trend:Increase 9.59% than previous quarter

Overall: increasing (162.82%). 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 -288.03 (%).Trend:Decrease 27.46% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -585.14 (%).Trend:Increase 103.15% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -304.43 (%).Trend:Decrease 47.97% than previous quarter

Overall: decreasing (5.69%). 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 -76.41 (%).Trend:Increase 1.15% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -77.42 (%).Trend:Increase 1.32% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -69.08 (%).Trend:Decrease 10.77% than previous quarter

Overall: increasing (-9.59%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2020 to Q2 2021 reveal significant volatility in working capital efficiency. Liabilities on revenue rose sharply from 63.81% to 127.36% then decreased to 94.55%, while current assets on revenue saw a similar pattern of increase from 59.16% to 106.55% then 116.77%.  Cost efficiency, as measured by the ratio of retained earnings to revenue, showed a consistent decline (-397.04% to -585.14% to -304.43%). Investment efficiency, as measured by retained earnings on assets, also exhibited a fluctuating downward trend (-75.54% to -77.42% to -69.08%).  These trends suggest instability and significant variability across financial performance indicators.