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 126.98 (%).Trend:Increase 200.97% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 61.42 (%).Trend:Decrease 51.63% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 39.14 (%).Trend:Decrease 36.27% than previous quarter

Overall: decreasing (-69.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 206.04 (%).Trend:Increase 192.46% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 102.3 (%).Trend:Decrease 50.35% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 58.54 (%).Trend:Decrease 42.78% than previous quarter

Overall: decreasing (-71.59%). 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 -12.43 (%).Trend:Increase 158.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -5.82 (%).Trend:Decrease 53.18% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -3.05 (%).Trend:Decrease 47.59% than previous quarter

Overall: increasing (-75.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.44 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.42 (%).Trend:Decrease 0.09% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.92 (%).Trend:Decrease 2.33% than previous quarter

Overall: decreasing (-2.43%). 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 -2.81 (%).Trend:Decrease 22.59% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -2.66 (%).Trend:Decrease 5.34% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -2.16 (%).Trend:Decrease 18.8% than previous quarter

Overall: increasing (-23.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.09 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.15 (USD).Trend:Increase 66.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.34 (USD).Trend:Increase 126.67% than previous quarter

Overall: increasing (277.78%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 data indicates decreasing liabilities and current assets on revenue, signifying a possible improvement in working capital management (-69.18% and -71.59% respectively).  Ratio of retained earnings to revenue increased, but remains negative, hinting at ongoing profitability challenges.  SG&A expenses showed a slight decrease, while retained earnings on assets increased, and earnings per share increased significantly (277.78%).