Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 198.17 (%).Trend:Increase 216.31% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 97.78 (%).Trend:Decrease 50.66% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 67.68 (%).Trend:Decrease 30.78% than previous quarter

Overall: decreasing (-65.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 389.63 (%).Trend:Increase 218.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 188.7 (%).Trend:Decrease 51.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 125.94 (%).Trend:Decrease 33.26% than previous quarter

Overall: decreasing (-67.68%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -564.05 (%).Trend:Increase 237.27% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -260.7 (%).Trend:Decrease 53.78% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -167.14 (%).Trend:Decrease 35.89% than previous quarter

Overall: increasing (-70.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets -103.57 (%).Trend:Increase 5.38% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -99.67 (%).Trend:Decrease 3.77% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -97.97 (%).Trend:Decrease 1.71% than previous quarter

Overall: increasing (-5.41%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2021 to Q3 2021 reveals significant fluctuations in financial performance. Liabilities and current assets on revenue both experienced an initial large increase in Q1, but subsequently declined in the following quarters. Cost efficiency, represented by the ratio of retained earnings to revenue, saw an upward trend. Investment efficiency, measured by retained earnings on assets, displays a consistently downward trend.