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 69.56 (%).Trend:Increase 33.41% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 287.8 (%).Trend:Increase 313.74% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 158.11 (%).Trend:Decrease 45.06% than previous quarter

Overall: increasing (127.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 237.36 (%).Trend:Decrease 24.31% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 757.69 (%).Trend:Increase 219.22% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 341.0 (%).Trend:Decrease 54.99% than previous quarter

Overall: increasing (43.66%). 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 117.19 (%).Trend:Decrease 37.51% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 306.96 (%).Trend:Increase 161.93% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 115.59 (%).Trend:Decrease 62.34% than previous quarter

Overall: decreasing (-1.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.57 (%).Trend:Increase 6.54% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.2 (%).Trend:Decrease 7.38% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.16 (%).Trend:Decrease 23.49% than previous quarter

Overall: decreasing (-29.13%). Fluctuation: **Neutral** (moderate 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 42.39 (%).Trend:Decrease 15.74% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.99 (%).Trend:Decrease 15.1% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 30.41 (%).Trend:Decrease 15.5% than previous quarter

Overall: decreasing (-28.26%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -2.27 (USD).Trend:Increase 23.37% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 97.8% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.31 (USD).Trend:Decrease 720.0% than previous quarter

Overall: increasing (-113.66%). Fluctuation: **Significant** (high variation).



Working capital efficiency is marked by significant fluctuation. Liabilities on revenue increased drastically in Q1 2021, then decreased in Q2 2021, and slightly decreased again in Q2. Current assets on revenue similarly trended with high volatility, increasing significantly then decreasing by large amounts.  Cost efficiency shows a steady decline in the SG&A expense ratio with moderate variation.  The ratio of retained earnings to revenue exhibits significant volatility, increasing from Q3 2020 to Q1 2021, then decreasing significantly in Q2 2021.  Investment efficiency demonstrates a consistent downward trend with moderate fluctuations. Earnings per share showed large increases and decreases, and experienced significant volatility, increasing from negative to positive values, then sharply decreasing, and finally increasing again.