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 95.09 (%).Trend:Decrease 56.5% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 174.23 (%).Trend:Increase 83.23% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.35 (%).Trend:Decrease 49.87% than previous quarter

Overall: decreasing (-8.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 35.58 (%).Trend:Decrease 71.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 292.65 (%).Trend:Increase 722.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 167.44 (%).Trend:Decrease 42.78% than previous quarter

Overall: increasing (370.6%). 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 -1207.84 (%).Trend:Decrease 29.32% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2937.47 (%).Trend:Increase 143.2% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1432.36 (%).Trend:Decrease 51.24% than previous quarter

Overall: decreasing (18.59%). 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 -384.24 (%).Trend:Increase 40.24% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -352.42 (%).Trend:Decrease 8.28% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -327.69 (%).Trend:Decrease 7.02% than previous quarter

Overall: increasing (-14.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -7.78 (USD).Trend:Increase 21.18% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 112.47% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.42 (USD).Trend:Increase 46.39% than previous quarter

Overall: increasing (-118.25%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2020 to Q2 2021 indicate substantial quarter-to-quarter fluctuations.  Liabilities on revenue show a decreasing trend, but with high variability. Current assets on revenue show a significant overall increase, with high volatility.  The ratio of retained earnings to revenue is consistently negative, with a significant decrease overall. Investment efficiency (retained earnings on assets) displays a minor overall increase with large quarterly differences. Earnings per share also show a substantial rise with a high level of variation. The data reveal notable instability and potentially unsustainable growth patterns.