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 149.18 (%).Trend:Increase 151.99% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 69.1 (%).Trend:Decrease 53.68% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 42.44 (%).Trend:Decrease 38.58% than previous quarter

Overall: decreasing (-71.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 184.0 (%).Trend:Increase 110.96% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 82.69 (%).Trend:Decrease 55.06% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 54.22 (%).Trend:Decrease 34.43% than previous quarter

Overall: decreasing (-70.53%). 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 -1883.53 (%).Trend:Increase 156.64% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -796.03 (%).Trend:Decrease 57.74% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -483.79 (%).Trend:Decrease 39.22% than previous quarter

Overall: increasing (-74.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.64 (%).Trend:Decrease 10.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.96 (%).Trend:Decrease 15.32% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.65 (%).Trend:Decrease 2.73% than previous quarter

Overall: decreasing (-17.64%). 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 -332.6 (%).Trend:Increase 10.73% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -327.38 (%).Trend:Decrease 1.57% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -310.12 (%).Trend:Decrease 5.27% than previous quarter

Overall: increasing (-6.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.98 (USD).Trend:Decrease 75.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.03 (USD).Trend:Increase 5.1% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.84 (USD).Trend:Decrease 18.45% than previous quarter

Overall: increasing (-14.29%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 financial data shows declining working capital efficiency. Liabilities on revenue decreased overall, while current assets on revenue also decreased significantly. Cost efficiency shows a trend of increasing retained earnings to revenue ratios overall with large fluctuations. The SG&A expense ratio decreased steadily, with low variation. Invest efficiency displays a slightly increasing trend in retained earnings on assets, with major fluctuations. Earning per share data also shows a fluctuating pattern with a substantial decrease in Q1 2021.