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 99.42 (%).Trend:Decrease 44.39% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 214.78 (%).Trend:Increase 116.03% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 327.5 (%).Trend:Increase 52.48% than previous quarter

Overall: increasing (229.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 125.49 (%).Trend:Decrease 49.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 601.13 (%).Trend:Increase 379.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 245.3 (%).Trend:Decrease 59.19% than previous quarter

Overall: increasing (95.47%). 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 -102.74 (%).Trend:Decrease 25.59% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -293.22 (%).Trend:Increase 185.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -140.93 (%).Trend:Decrease 51.94% than previous quarter

Overall: decreasing (37.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.84 (%).Trend:Decrease 5.27% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.54 (%).Trend:Increase 21.3% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.28 (%).Trend:Decrease 18.69% than previous quarter

Overall: decreasing (-1.37%). 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 -16.41 (%).Trend:Increase 20.93% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -14.6 (%).Trend:Decrease 11.03% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -4.28 (%).Trend:Decrease 70.68% than previous quarter

Overall: increasing (-73.92%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 exhibits substantial fluctuations.  Liabilities on revenue increased significantly (229.41%) while current assets on revenue increased (95.47%), showcasing large quarterly changes. The ratio of retained earnings to revenue shows a significant decrease (-37.17%), highlighting negative trends in this area.  Conversely, the SG&A expense ratio displays a minor overall decrease (-1.37%), suggesting potentially more stable costs. Finally, investment efficiency demonstrates large variations, showcasing increasing retained earnings on assets by -73.92% from Q3 2020 to Q2 2021.