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 606.66 (%).Trend:Increase 209.09% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 247.05 (%).Trend:Decrease 59.28% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 163.71 (%).Trend:Decrease 33.73% than previous quarter

Overall: decreasing (-73.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 2055.63 (%).Trend:Increase 142.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 1226.23 (%).Trend:Decrease 40.35% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 736.21 (%).Trend:Decrease 39.96% than previous quarter

Overall: decreasing (-64.19%). 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 -11266.72 (%).Trend:Increase 307.69% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -6104.67 (%).Trend:Decrease 45.82% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -4196.73 (%).Trend:Decrease 31.25% than previous quarter

Overall: increasing (-62.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 214.28 (%).Trend:Increase 44.82% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 207.87 (%).Trend:Decrease 2.99% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 192.69 (%).Trend:Decrease 7.3% than previous quarter

Overall: decreasing (-10.08%). 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 -428.22 (%).Trend:Increase 49.39% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -386.42 (%).Trend:Decrease 9.76% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -420.24 (%).Trend:Increase 8.75% than previous quarter

Overall: increasing (-1.86%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2021 to Q3 2021 data reveals significant fluctuations in key financial metrics.  Liabilities on revenue decreased by 73.01%, while current assets on revenue also decreased by 64.19%, suggesting potential working capital issues. The ratio of retained earnings to revenue significantly decreased (-62.75%), highlighting concerns in profitability. The SG&A expense ratio decreased moderately (-10.08%), showing more stability. Retained earnings on assets saw a small increase but with high variability.