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 160.86 (%).Trend:Increase 547.85% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 72.19 (%).Trend:Decrease 55.12% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 45.83 (%).Trend:Decrease 36.51% than previous quarter

Overall: decreasing (-71.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 90.37 (%).Trend:Increase 70.35% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 60.98 (%).Trend:Decrease 32.52% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 55.19 (%).Trend:Decrease 9.49% than previous quarter

Overall: decreasing (-38.93%). 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 -222.83 (%).Trend:Increase 1035.73% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -134.4 (%).Trend:Decrease 39.68% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -65.16 (%).Trend:Decrease 51.52% than previous quarter

Overall: increasing (-70.76%). 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 -18.18 (%).Trend:Increase 166.18% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -20.99 (%).Trend:Increase 15.46% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -18.47 (%).Trend:Decrease 12.01% than previous quarter

Overall: decreasing (1.6%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.76 (USD).Trend:Decrease 24.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.22 (USD).Trend:Increase 60.53% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.13 (USD).Trend:Decrease 7.38% than previous quarter

Overall: decreasing (48.68%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 indicate significant volatility. Liabilities on revenue decreased markedly, but with high fluctuations. Current assets on revenue also trended downward with substantial variation. Cost efficiency, measured by retained earnings to revenue, decreased substantially. Investment efficiency exhibited a similar overall decline.  Earnings per share consistently fell. The data points to significant instability in various financial metrics, requiring further investigation into the underlying operational causes.