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 278.49 (%).Trend:Increase 205.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 136.92 (%).Trend:Decrease 50.83% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 86.82 (%).Trend:Decrease 36.59% than previous quarter

Overall: decreasing (-68.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 232.74 (%).Trend:Increase 236.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 120.68 (%).Trend:Decrease 48.15% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 78.57 (%).Trend:Decrease 34.89% than previous quarter

Overall: decreasing (-66.24%). 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 -710.28 (%).Trend:Increase 191.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -348.93 (%).Trend:Decrease 50.87% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -230.26 (%).Trend:Decrease 34.01% than previous quarter

Overall: increasing (-67.58%). 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 -137.4 (%).Trend:Decrease 7.07% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -136.54 (%).Trend:Decrease 0.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -139.85 (%).Trend:Increase 2.42% than previous quarter

Overall: decreasing (1.78%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 to Q3 2021 show considerable volatility.  Working capital efficiency, measured by liabilities and current assets on revenue, decreased significantly during the period.  Cost efficiency, measured by the ratio of retained earnings to revenue, experienced fluctuating trends, but generally increased with negative values.  Investment efficiency, measured by retained earnings on assets, shows a slightly decreasing overall trend with significant quarter-to-quarter variations. Further analysis is needed to assess the potential causes of these fluctuations.