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 23.76 (%).Trend:Decrease 26.07% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 358.16 (%).Trend:Increase 1407.41% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 124.46 (%).Trend:Decrease 65.25% than previous quarter

Overall: increasing (423.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 61.67 (%).Trend:Decrease 33.26% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 548.7 (%).Trend:Increase 789.74% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 192.88 (%).Trend:Decrease 64.85% than previous quarter

Overall: increasing (212.76%). 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 55.37 (%).Trend:Decrease 37.14% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 304.25 (%).Trend:Increase 449.49% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 103.34 (%).Trend:Decrease 66.03% than previous quarter

Overall: increasing (86.64%). 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 45.02 (%).Trend:Decrease 5.34% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 28.25 (%).Trend:Decrease 37.25% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 28.43 (%).Trend:Increase 0.64% than previous quarter

Overall: decreasing (-36.85%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Significant fluctuations are evident in working capital efficiency metrics. Liabilities on revenue increased dramatically in Q1 2021 before declining. Current assets on revenue also show significant increases followed by declines. Cost efficiency (retained earnings to revenue) shows a similar pattern of significant increases and decreases.  Investment efficiency shows a decrease overall in retained earnings on assets with moderate fluctuation.  Data is missing for SG&A expense ratio and Earnings per Share.