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 85.5 (%).Trend:Increase 293.47% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.61 (%).Trend:Decrease 61.86% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.35 (%).Trend:Decrease 13.06% than previous quarter

Overall: decreasing (-66.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 161.71 (%).Trend:Increase 192.42% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 83.32 (%).Trend:Decrease 48.48% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 53.18 (%).Trend:Decrease 36.17% than previous quarter

Overall: decreasing (-67.11%). 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 227.2 (%).Trend:Increase 157.04% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 112.62 (%).Trend:Decrease 50.43% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 75.44 (%).Trend:Decrease 33.01% than previous quarter

Overall: decreasing (-66.8%). 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 53.9 (%).Trend:Decrease 10.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 53.56 (%).Trend:Decrease 0.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 55.5 (%).Trend:Increase 3.62% than previous quarter

Overall: increasing (2.97%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -3.66 (USD).Trend:Decrease 205.48% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.01 (USD).Trend:Decrease 72.4% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.74 (USD).Trend:Decrease 173.27% than previous quarter

Overall: increasing (-120.22%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 show a generally declining trend.  Working capital efficiency (liabilities and current assets on revenue) decreased overall, with significant quarter-to-quarter fluctuations. Cost efficiency (ratio of retained earnings to revenue) also decreased substantially, with high volatility. Investment efficiency, on the other hand, showed a slight overall increase with minimal variation.  Earnings per share experienced a significant decrease overall.