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 18.49 (%).Trend:Decrease 42.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 120.67 (%).Trend:Increase 552.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.67 (%).Trend:Decrease 58.01% than previous quarter

Overall: increasing (174.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 341.96 (%).Trend:Decrease 44.93% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1057.85 (%).Trend:Increase 209.35% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 443.39 (%).Trend:Decrease 58.09% than previous quarter

Overall: increasing (29.66%). 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 -375.46 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -487.21 (%).Trend:Increase 29.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -151.8 (%).Trend:Decrease 68.84% than previous quarter

Overall: increasing (-59.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.2 (%).Trend:Decrease 17.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Decrease 48.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.37 (%).Trend:Decrease 16.51% than previous quarter

Overall: decreasing (-57.15%). 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 -104.53 (%).Trend:Decrease 5.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -44.87 (%).Trend:Decrease 57.07% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -33.36 (%).Trend:Decrease 25.65% than previous quarter

Overall: increasing (-68.09%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 51.22% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 325.0% than previous quarter

Overall: increasing (107.32%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased by 552.62% in Q1 2021, then decreased by 58.01% in Q2 2021.  Current assets on revenue also exhibited substantial increases and decreases.  Cost efficiency demonstrates a declining SG&A expense ratio, but with significant volatility.  Investment efficiency, as measured by retained earnings on assets, displays a high degree of variability.  Earnings per share fluctuated significantly, increasing in Q2 2021 and again in Q3 2021 before experiencing a significant decrease in Q1 2022.