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 137.93 (%).Trend:Increase 260.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 85.2 (%).Trend:Decrease 38.23% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 31.52 (%).Trend:Decrease 63.0% than previous quarter

Overall: decreasing (-77.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 344.91 (%).Trend:Increase 190.5% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 111.27 (%).Trend:Decrease 67.74% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 58.18 (%).Trend:Decrease 47.71% than previous quarter

Overall: decreasing (-83.13%). 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 987.03 (%).Trend:Increase 193.11% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 500.43 (%).Trend:Decrease 49.3% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 312.71 (%).Trend:Decrease 37.51% than previous quarter

Overall: decreasing (-68.32%). 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 39.41 (%).Trend:Increase 9.02% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 42.19 (%).Trend:Increase 7.05% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 40.62 (%).Trend:Decrease 3.72% than previous quarter

Overall: increasing (3.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -2.55 (USD).Trend:Decrease 118.21% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.62 (USD).Trend:Decrease 75.69% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.97 (USD).Trend:Increase 217.74% than previous quarter

Overall: increasing (-22.75%). Fluctuation: **Significant** (high variation).



Financial performance for Q1-Q3 2021 reveals significant volatility. Liabilities and current assets on revenue both decreased substantially. Cost efficiency, represented by the ratio of retained earnings to revenue, shows a considerable drop overall.  Investment efficiency remains relatively stable, with a small upward trend. Earnings per share are in the negative throughout the period, demonstrating a concerning pattern that requires a more in-depth analysis.