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 225.2 (%).Trend:Increase 375.71% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 124.02 (%).Trend:Decrease 44.93% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 54.92 (%).Trend:Decrease 55.72% than previous quarter

Overall: decreasing (-75.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 686.99 (%).Trend:Increase 446.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 281.01 (%).Trend:Decrease 59.1% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 145.23 (%).Trend:Decrease 48.32% than previous quarter

Overall: decreasing (-78.86%). 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 251.22 (%).Trend:Increase 165.93% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 75.14 (%).Trend:Decrease 70.09% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 40.85 (%).Trend:Decrease 45.63% than previous quarter

Overall: decreasing (-83.74%). 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 13.84 (%).Trend:Decrease 40.09% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.27 (%).Trend:Decrease 18.57% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.68 (%).Trend:Increase 3.64% than previous quarter

Overall: decreasing (-15.61%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.59 (USD).Trend:Decrease 63.35% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.88 (USD).Trend:Increase 49.15% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.87 (USD).Trend:Decrease 1.14% than previous quarter

Overall: decreasing (47.46%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly, indicating a potential downturn.  Retained earnings on assets showed a slight overall decrease with moderate fluctuation, while earnings per share also decreased significantly, but with high variation.