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 154.03 (%).Trend:Increase 245.13% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 71.31 (%).Trend:Decrease 53.7% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 45.04 (%).Trend:Decrease 36.84% than previous quarter

Overall: decreasing (-70.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 55.14 (%).Trend:Increase 77.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 30.57 (%).Trend:Decrease 44.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 17.85 (%).Trend:Decrease 41.61% than previous quarter

Overall: decreasing (-67.63%). 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 -244.24 (%).Trend:Increase 86.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -121.14 (%).Trend:Decrease 50.4% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -78.32 (%).Trend:Decrease 35.35% than previous quarter

Overall: increasing (-67.93%). 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 -37.76 (%).Trend:Increase 11.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -41.53 (%).Trend:Increase 9.98% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -42.73 (%).Trend:Increase 2.89% than previous quarter

Overall: decreasing (13.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.19 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.4 (USD).Trend:Decrease 66.39% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.12 (USD).Trend:Decrease 70.0% than previous quarter

Overall: decreasing (-89.92%). Fluctuation: **Significant** (high variation).



Financial statement analysis from Q1 to Q3 2021 reveals significant volatility across key performance indicators (KPIs). Liabilities on revenue decreased by 70.76% overall, but with substantial fluctuations.  Current assets on revenue also decreased, by 67.63%, with large swings between quarters. The retained earnings ratio showed an increasing trend (-67.93%), but with significant fluctuation. Retained earnings on assets decreased (13.16%) with significant variance.  Earnings per share experienced a substantial decrease (-89.92%).  The high volatility across all metrics necessitates further investigation to identify underlying factors influencing these inconsistencies.