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 76.2 (%).Trend:Increase 281.57% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.66 (%).Trend:Decrease 34.83% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 27.94 (%).Trend:Decrease 43.74% than previous quarter

Overall: decreasing (-63.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 151.18 (%).Trend:Increase 220.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 85.68 (%).Trend:Decrease 43.33% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 49.34 (%).Trend:Decrease 42.41% than previous quarter

Overall: decreasing (-67.36%). 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 -115.02 (%).Trend:Increase 324.9% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -55.68 (%).Trend:Decrease 51.59% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -51.09 (%).Trend:Decrease 8.24% than previous quarter

Overall: increasing (-55.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.98 (%).Trend:Increase 10.5% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.05 (%).Trend:Decrease 8.62% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.06 (%).Trend:Increase 0.03% than previous quarter

Overall: decreasing (-8.59%). Fluctuation: **Little** (low variation).


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 -30.41 (%).Trend:Increase 31.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -29.93 (%).Trend:Decrease 1.58% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -48.51 (%).Trend:Increase 62.08% than previous quarter

Overall: decreasing (59.52%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.11 (USD).Trend:Decrease 84.14% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.68 (USD).Trend:Increase 51.35% than previous quarter
Year 2021 Quarter 3: Earning Per Share -4.62 (USD).Trend:Increase 175.0% than previous quarter

Overall: decreasing (316.22%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 financial data reveal a declining pattern in working capital efficiency with significant fluctuation. Liabilities on revenue decreased, while current assets on revenue also decreased. Cost efficiency shows a negative increase in the ratio of retained earnings to revenue. Investment efficiency is declining significantly, and earnings per share are also declining.  SG&A expense ratio displays a slight decrease.