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 48.25 (%).Trend:Decrease 47.98% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 111.97 (%).Trend:Increase 132.06% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 54.24 (%).Trend:Decrease 51.56% than previous quarter

Overall: increasing (12.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 39.97 (%).Trend:Decrease 34.64% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 76.41 (%).Trend:Increase 91.17% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 42.83 (%).Trend:Decrease 43.95% than previous quarter

Overall: increasing (7.16%). 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 -109.89 (%).Trend:Increase 8.58% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -203.45 (%).Trend:Increase 85.14% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -74.58 (%).Trend:Decrease 63.34% than previous quarter

Overall: increasing (-32.13%). 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 -17.23 (%).Trend:Increase 83.3% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -18.29 (%).Trend:Increase 6.15% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -15.15 (%).Trend:Decrease 17.17% than previous quarter

Overall: increasing (-12.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -4.0 (USD).Trend:Increase 300.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.52 (USD).Trend:Decrease 113.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.43 (USD).Trend:Increase 175.0% than previous quarter

Overall: increasing (-135.75%). Fluctuation: **Significant** (high variation).



Working capital efficiency exhibits significant volatility. Liabilities on revenue decreased in Q3 2020, increased in Q1 2021, and decreased again in Q2 2021, while current assets on revenue displayed a similar pattern of volatility.  Cost efficiency, measured by retained earnings to revenue, shows an overall increase from Q3 2020 to Q2 2021 with large fluctuations.  Invest efficiency reveals a trend of increasing retained earnings on assets, but with significant fluctuations.  Earnings per share displayed a marked increase from Q3 2020 to Q2 2021.