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 54.53 (%).Trend:Increase 130.77% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 29.05 (%).Trend:Decrease 46.73% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.65 (%).Trend:Decrease 35.8% than previous quarter

Overall: decreasing (-65.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 229.92 (%).Trend:Increase 170.65% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 113.04 (%).Trend:Decrease 50.84% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 74.83 (%).Trend:Decrease 33.8% than previous quarter

Overall: decreasing (-67.45%). 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 191.14 (%).Trend:Increase 201.01% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 91.01 (%).Trend:Decrease 52.39% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 57.9 (%).Trend:Decrease 36.38% than previous quarter

Overall: decreasing (-69.71%). 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 39.83 (%).Trend:Increase 1.97% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 38.31 (%).Trend:Decrease 3.82% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 37.49 (%).Trend:Decrease 2.14% than previous quarter

Overall: decreasing (-5.87%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 99.75% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 600.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.07 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (600.0%). Fluctuation: **Significant** (high variation).



The Q1 2021 – Q3 2021 data displays considerable financial instability.  Significant decreases are observed in liabilities on revenue (-65.8%), current assets on revenue (-67.45%), and the ratio of retained earnings to revenue (-69.71%).  However, earnings per share increased substantially (600%).  In contrast, retained earnings on assets demonstrated a minor, consistent decrease (-5.87%). This discrepancy necessitates further investigation into the drivers of this volatility.