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 42.88 (%).Trend:Increase 100.47% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 70.84 (%).Trend:Increase 65.21% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 42.01 (%).Trend:Decrease 40.7% than previous quarter

Overall: decreasing (-2.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81.72 (%).Trend:Decrease 83.37% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 149.35 (%).Trend:Increase 82.76% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 104.67 (%).Trend:Decrease 29.92% than previous quarter

Overall: increasing (28.08%). 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 64.0 (%).Trend:Decrease 52.3% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 112.28 (%).Trend:Increase 75.44% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 58.24 (%).Trend:Decrease 48.13% than previous quarter

Overall: decreasing (-9.0%). 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 8.27 (%).Trend:Decrease 61.03% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.33 (%).Trend:Increase 0.73% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.0 (%).Trend:Decrease 3.96% than previous quarter

Overall: decreasing (-3.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.61 (USD).Trend:Decrease 37.11% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 95.08% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.02 (USD).Trend:Decrease 33.33% than previous quarter

Overall: decreasing (-96.72%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2020 to Q2 2021 reveal considerable volatility across several metrics. Liabilities on revenue show a significant fluctuation, decreasing overall. Current assets on revenue demonstrate a mixed trend, with a notable increase in Q1 2021 followed by a decrease. Cost efficiency (ratio of retained earnings to revenue) experiences a significant decline with considerable quarterly variation. Investment efficiency shows a slight decline overall. Earnings per share are in sharp decline, with extremely high variation.  These results suggest the need for a thorough examination of the underlying issues impacting financial health.