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 102.84 (%).Trend:Increase 194.16% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.25 (%).Trend:Decrease 54.05% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.78 (%).Trend:Decrease 30.62% than previous quarter

Overall: decreasing (-68.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 141.3 (%).Trend:Increase 190.5% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 68.21 (%).Trend:Decrease 51.73% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 47.29 (%).Trend:Decrease 30.67% than previous quarter

Overall: decreasing (-66.53%). 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 -80.33 (%).Trend:Increase 198.18% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -35.78 (%).Trend:Decrease 55.46% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -21.89 (%).Trend:Decrease 38.82% than previous quarter

Overall: increasing (-72.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.6 (%).Trend:Increase 0.34% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.54 (%).Trend:Decrease 7.26% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.34 (%).Trend:Decrease 1.48% than previous quarter

Overall: decreasing (-8.63%). 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 -21.67 (%).Trend:Increase 2.9% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -20.57 (%).Trend:Decrease 5.08% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -19.05 (%).Trend:Decrease 7.39% than previous quarter

Overall: increasing (-12.09%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q1 to Q3 of 2021 reveals significant volatility. Liabilities and current assets on revenue both decreased, but with substantial quarter-to-quarter fluctuations.  The retained earnings to revenue ratio shows a sizable but variable increase. Selling, General & Administrative (SG&A) expenses decreased slightly and demonstrated limited fluctuation. Investment efficiency shows a small rise in retained earnings on assets, however, with considerable quarter-to-quarter variation.