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 49.84 (%).Trend:Decrease 52.24% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 94.96 (%).Trend:Increase 90.53% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.16 (%).Trend:Decrease 48.23% than previous quarter

Overall: decreasing (-1.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 106.96 (%).Trend:Decrease 54.52% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 195.39 (%).Trend:Increase 82.68% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 96.67 (%).Trend:Decrease 50.52% than previous quarter

Overall: decreasing (-9.62%). 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 -56.04 (%).Trend:Decrease 52.99% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -95.0 (%).Trend:Increase 69.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -44.78 (%).Trend:Decrease 52.86% than previous quarter

Overall: increasing (-20.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.71 (%).Trend:Decrease 26.42% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.54 (%).Trend:Decrease 24.97% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.18 (%).Trend:Decrease 1.67% than previous quarter

Overall: decreasing (-26.23%). Fluctuation: **Neutral** (moderate 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 -18.7 (%).Trend:Increase 3.2% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -18.2 (%).Trend:Decrease 2.67% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -17.94 (%).Trend:Decrease 1.43% than previous quarter

Overall: increasing (-4.06%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -5.73 (USD).Trend:Decrease 25.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 100.52% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.06 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (-101.05%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 reveals significant volatility in working capital efficiency. Liabilities on revenue decreased from Q3 2020 to Q2 2021, but with noticeable fluctuations.  Current assets on revenue exhibited similarly inconsistent trends. Cost efficiency metrics such as the ratio of retained earnings to revenue and the SG&A expense ratio showed highly variable trends. Invest efficiency demonstrates a mostly decreasing trend for retained earning on assets. EPS showed significant volatility.  The substantial fluctuations suggest erratic financial performance.