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 10.23 (%).Trend:Decrease 20.88% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 49.05 (%).Trend:Increase 379.47% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.31 (%).Trend:Decrease 42.28% than previous quarter

Overall: increasing (176.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 58.69 (%).Trend:Decrease 48.97% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 423.96 (%).Trend:Increase 622.37% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 170.58 (%).Trend:Decrease 59.77% than previous quarter

Overall: increasing (190.65%). 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 -86.49 (%).Trend:Decrease 37.04% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -232.1 (%).Trend:Increase 168.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -111.02 (%).Trend:Decrease 52.17% than previous quarter

Overall: decreasing (28.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.23 (%).Trend:Decrease 5.11% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.28 (%).Trend:Increase 13.99% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.31 (%).Trend:Decrease 4.0% than previous quarter

Overall: increasing (9.44%). Fluctuation: **Little** (low 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 -47.57 (%).Trend:Decrease 4.97% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -28.01 (%).Trend:Decrease 41.12% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -28.63 (%).Trend:Increase 2.21% than previous quarter

Overall: increasing (-39.82%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue increased drastically in Q1 2021, then decreased substantially in Q2 and Q3 2021. Current assets on revenue also show a similar pattern. Cost efficiency reveals a consistently decreasing ratio of retained earnings to revenue. The SG&A expense ratio displays minimal fluctuation, generally rising. Investment efficiency demonstrates substantial variations in retained earnings on assets, trending slightly upward.  Earning per share data is consistently negative and volatile.