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 26.61 (%).Trend:Decrease 16.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 73.52 (%).Trend:Increase 176.29% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 41.38 (%).Trend:Decrease 43.72% than previous quarter

Overall: increasing (55.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 176.27 (%).Trend:Decrease 31.11% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 472.37 (%).Trend:Increase 167.98% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 243.05 (%).Trend:Decrease 48.55% than previous quarter

Overall: increasing (37.89%). 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 -98.62 (%).Trend:Decrease 36.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -264.09 (%).Trend:Increase 167.79% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -134.1 (%).Trend:Decrease 49.22% than previous quarter

Overall: decreasing (35.98%). 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 -37.95 (%).Trend:Decrease 6.57% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -36.21 (%).Trend:Decrease 4.58% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -35.94 (%).Trend:Decrease 0.75% than previous quarter

Overall: increasing (-5.3%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency, liabilities on revenue, and current assets on revenue show significant fluctuations between Q3 2020 and Q2 2021. Liabilities on revenue decreased by 16% in Q3 2020, then increased substantially in Q1 2021, and decreased again in Q2 2021. Current assets on revenue similarly decreased in Q3 2020, then increased dramatically in Q1 2021, before decreasing in Q2 2021. Cost efficiency, as measured by the ratio of retained earnings to revenue, is consistently negative and shows significant variation. Invest efficiency, measured by retained earnings on assets, shows a decreasing trend with fluctuating percentage changes.  Overall, financial performance appears volatile.