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 61.05 (%).Trend:Increase 63.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.53 (%).Trend:Decrease 45.08% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.63 (%).Trend:Decrease 35.49% than previous quarter

Overall: decreasing (-64.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 274.89 (%).Trend:Increase 8.41% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 139.83 (%).Trend:Decrease 49.13% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 103.38 (%).Trend:Decrease 26.07% than previous quarter

Overall: decreasing (-62.39%). 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 320.02 (%).Trend:Decrease 9.49% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 162.09 (%).Trend:Decrease 49.35% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 117.48 (%).Trend:Decrease 27.52% than previous quarter

Overall: decreasing (-63.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.04 (%).Trend:Decrease 71.15% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.41 (%).Trend:Increase 11.83% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.35 (%).Trend:Increase 8.66% than previous quarter

Overall: increasing (21.51%). Fluctuation: **Little** (low variation).


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 45.13 (%).Trend:Decrease 5.49% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 44.31 (%).Trend:Decrease 1.82% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 44.9 (%).Trend:Increase 1.33% than previous quarter

Overall: decreasing (-0.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 92.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.61 (USD).Trend:Increase 662.5% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.67 (USD).Trend:Increase 9.84% than previous quarter

Overall: decreasing (737.5%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2021 shows a mixed and largely negative trend. Working capital efficiency, cost efficiency, and revenue generation are all declining sharply. Liabilities and current assets on revenue and the ratio of retained earnings to revenue decrease significantly, suggesting potential cash flow problems or decreasing operational efficiency.  While the SG&A expense ratio shows some improvement, it is still relatively high.  Investment efficiency displays a more stable downward trend, while earnings per share exhibit substantial volatility and consistent losses.