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 25.14 (%).Trend:Decrease 25.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71.91 (%).Trend:Increase 186.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 39.44 (%).Trend:Decrease 45.15% than previous quarter

Overall: increasing (56.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 256.8 (%).Trend:Decrease 35.37% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 358.37 (%).Trend:Increase 39.55% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 174.35 (%).Trend:Decrease 51.35% than previous quarter

Overall: decreasing (-32.11%). 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 -12.86 (%).Trend:Decrease 31.38% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -48.31 (%).Trend:Increase 275.66% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -26.37 (%).Trend:Decrease 45.42% than previous quarter

Overall: decreasing (105.05%). 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 -4.41 (%).Trend:Increase 6.52% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -5.12 (%).Trend:Increase 16.1% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.64 (%).Trend:Increase 10.16% than previous quarter

Overall: decreasing (27.89%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis of Q3 2020 to Q2 2021 reveals substantial fluctuations.  Liabilities on revenue show an overall increase (56.88%), while current assets on revenue decreased (-32.11%). The ratio of retained earnings to revenue declined sharply (105.05%), and retained earnings on assets also decreased (27.89%).  The data indicates significant instability across these financial ratios.