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 26.95 (%).Trend:Decrease 35.36% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 134.38 (%).Trend:Increase 398.63% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 69.16 (%).Trend:Decrease 48.53% than previous quarter

Overall: increasing (156.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 94.94 (%).Trend:Decrease 37.41% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 635.14 (%).Trend:Increase 568.99% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 274.05 (%).Trend:Decrease 56.85% than previous quarter

Overall: increasing (188.66%). 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 89.53 (%).Trend:Decrease 38.54% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 438.5 (%).Trend:Increase 389.78% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 188.91 (%).Trend:Decrease 56.92% than previous quarter

Overall: increasing (111.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.65 (%).Trend:Decrease 5.62% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 83.45 (%).Trend:Increase 78.89% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 71.05 (%).Trend:Decrease 14.86% than previous quarter

Overall: increasing (52.3%). Fluctuation: **Significant** (high variation).


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 52.66 (%).Trend:Decrease 0.17% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 43.77 (%).Trend:Decrease 16.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 43.97 (%).Trend:Increase 0.46% than previous quarter

Overall: decreasing (-16.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -6.0 (USD).Trend:Decrease 700.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -6.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-700.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows significant fluctuations. Working capital efficiency, with liabilities on revenue increasing dramatically in Q1 2021, followed by decreases,  and current assets on revenue exhibiting the same large, volatile pattern, indicates instability.  Cost efficiency, especially the ratio of retained earnings to revenue and SG&A expense ratios, display considerable fluctuation, increasing greatly in Q1 2021 and then decreasing.  Investment efficiency, as measured by retained earnings on assets, trends slightly downward.  Earnings per share are particularly problematic, with a drastic 700% decline in Q1 2021, stabilized in Q2 2021. The high variability in financial metrics suggests significant instability.