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 75.46 (%).Trend:Increase 206.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.74 (%).Trend:Decrease 48.66% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.92 (%).Trend:Decrease 35.67% than previous quarter

Overall: decreasing (-66.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 110.56 (%).Trend:Increase 184.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 51.75 (%).Trend:Decrease 53.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 35.57 (%).Trend:Decrease 31.27% than previous quarter

Overall: decreasing (-67.83%). 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 -17.7 (%).Trend:Increase 247.06% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -6.42 (%).Trend:Decrease 63.73% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -3.54 (%).Trend:Decrease 44.86% than previous quarter

Overall: increasing (-80.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.78 (%).Trend:Decrease 4.27% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.95 (%).Trend:Decrease 7.1% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.44 (%).Trend:Decrease 2.13% than previous quarter

Overall: decreasing (-9.08%). 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 -4.66 (%).Trend:Increase 22.96% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -3.62 (%).Trend:Decrease 22.32% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -3.05 (%).Trend:Decrease 15.75% than previous quarter

Overall: increasing (-34.55%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2021 to Q3 2021 show a concerning trend. Liabilities and current assets on revenue show a significant decrease across the three quarters, indicating weakening working capital efficiency. Cost efficiency, reflected by a negative trend in the retained earnings-to-revenue ratio, with high variability, suggests potential challenges.  The SG&A expense ratio, however, shows a slight decrease. Invest efficiency also shows a notable negative trend with significant variation. Overall, the data points to significant volatility and potential instability in the company's financial performance.