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 25.4 (%).Trend:Decrease 11.71% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 67.24 (%).Trend:Increase 164.72% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.54 (%).Trend:Decrease 51.61% than previous quarter

Overall: increasing (28.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 108.51 (%).Trend:Decrease 26.37% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 303.04 (%).Trend:Increase 179.27% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 140.86 (%).Trend:Decrease 53.52% than previous quarter

Overall: increasing (29.81%). 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 -83.41 (%).Trend:Decrease 34.39% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -253.74 (%).Trend:Increase 204.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -132.52 (%).Trend:Decrease 47.77% than previous quarter

Overall: decreasing (58.88%). 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 -46.85 (%).Trend:Decrease 5.56% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -51.87 (%).Trend:Increase 10.72% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -58.67 (%).Trend:Increase 13.11% than previous quarter

Overall: decreasing (25.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.56 (USD).Trend:Increase 1.82% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 85.71% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.02 (USD).Trend:Decrease 75.0% than previous quarter

Overall: increasing (-96.43%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased sharply in Q1 2021 (164.72% YoY), then decreased in Q2 (51.61% YoY). Current assets on revenue also saw a significant increase in Q1 2021 (179.27% YoY) and a decrease in Q2 (53.52%). Cost efficiency, as measured by the ratio of retained earnings to revenue, declined significantly.  Investment efficiency, measured by retained earnings on assets, also declined. Earnings per share are volatile, with a significant increase in Q3 2020.