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 113.5 (%).Trend:Increase 222.63% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 80.25 (%).Trend:Decrease 29.3% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 56.87 (%).Trend:Decrease 29.13% than previous quarter

Overall: decreasing (-49.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 89.03 (%).Trend:Increase 108.06% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 44.07 (%).Trend:Decrease 50.5% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 29.15 (%).Trend:Decrease 33.86% than previous quarter

Overall: decreasing (-67.26%). 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 -665.57 (%).Trend:Increase 128.62% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -338.45 (%).Trend:Decrease 49.15% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -212.45 (%).Trend:Decrease 37.23% than previous quarter

Overall: increasing (-68.08%). 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 -123.18 (%).Trend:Increase 22.17% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -130.87 (%).Trend:Increase 6.24% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -130.77 (%).Trend:Decrease 0.08% than previous quarter

Overall: decreasing (6.16%). Fluctuation: **Significant** (high variation).

Earning Per Share


Q1-Q3 2021 financial data reveals significant volatility in working capital.  Liabilities on revenue decreased from Q1 to Q3, but with large quarterly changes.  Current assets on revenue also showed a substantial decline over the three quarters, with large fluctuations. Cost efficiency, measured by the retained earnings to revenue ratio, shows an increase in the negative, though with large quarter-to-quarter differences.  Investment efficiency, using retained earnings on assets, also indicates a decreasing trend with large quarterly differences.