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 18.69 (%).Trend:Decrease 22.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 47.32 (%).Trend:Increase 153.18% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 22.75 (%).Trend:Decrease 51.92% than previous quarter

Overall: increasing (21.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 37.86 (%).Trend:Decrease 35.92% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 100.4 (%).Trend:Increase 165.19% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 52.13 (%).Trend:Decrease 48.08% than previous quarter

Overall: increasing (37.69%). 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 -45.83 (%).Trend:Decrease 34.26% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -117.51 (%).Trend:Increase 156.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -59.31 (%).Trend:Decrease 49.53% than previous quarter

Overall: decreasing (29.41%). 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 -98.42 (%).Trend:Decrease 10.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -89.92 (%).Trend:Decrease 8.64% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -89.24 (%).Trend:Decrease 0.76% than previous quarter

Overall: increasing (-9.33%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency, measured by liabilities and current assets on revenue, demonstrates substantial fluctuations. Liabilities on revenue increased from 18.69% in Q3 2020 to 47.32% in Q1 2021, then declined to 22.75% in Q2 2021.  Current assets on revenue also show significant variation, declining from 37.86% in Q3 2020 to 100.4% in Q1 2021, then decreasing to 52.13% in Q2 2021. Cost efficiency, evaluated by the ratio of retained earnings to revenue, reveals a decreasing trend with substantial volatility.  Invest efficiency shows a slight increase in retained earnings on assets from Q3 2020 to Q2 2021.  SG&A expense ratio is not included.  The data suggests a volatile financial performance during the reporting period.