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 216.89 (%).Trend:Increase 267.17% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 92.37 (%).Trend:Decrease 57.41% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 44.88 (%).Trend:Decrease 51.41% than previous quarter

Overall: decreasing (-79.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 532.42 (%).Trend:Increase 231.4% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 224.7 (%).Trend:Decrease 57.8% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 165.93 (%).Trend:Decrease 26.15% than previous quarter

Overall: decreasing (-68.83%). 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 704.34 (%).Trend:Increase 221.97% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 279.38 (%).Trend:Decrease 60.33% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 163.73 (%).Trend:Decrease 41.4% than previous quarter

Overall: decreasing (-76.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.69 (%).Trend:Increase 64.07% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.44 (%).Trend:Decrease 24.2% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.81 (%).Trend:Decrease 22.08% than previous quarter

Overall: decreasing (-40.94%). Fluctuation: **Significant** (high 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 35.18 (%).Trend:Decrease 9.66% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 34.32 (%).Trend:Decrease 2.44% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 33.72 (%).Trend:Decrease 1.75% than previous quarter

Overall: decreasing (-4.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -2.99 (USD).Trend:Decrease 39.35% than previous quarter
Year 2021 Quarter 2: Earning Per Share -3.07 (USD).Trend:Increase 2.68% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.89 (USD).Trend:Decrease 38.44% than previous quarter

Overall: increasing (-36.79%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 financial data indicates a significant downward trend in working capital efficiency and cost efficiency, characterized by substantial fluctuations.  Both liabilities on revenue and current assets on revenue experienced sharp decreases.  Similarly, the ratio of retained earnings to revenue and the SG&A expense ratio fell considerably. In contrast, retained earnings on assets declined moderately, while earnings per share saw an overall increase, both with notable volatility.