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 193.82 (%).Trend:Increase 224.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 82.05 (%).Trend:Decrease 57.67% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 52.5 (%).Trend:Decrease 36.01% than previous quarter

Overall: decreasing (-72.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 178.5 (%).Trend:Increase 188.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 85.99 (%).Trend:Decrease 51.83% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 53.41 (%).Trend:Decrease 37.89% than previous quarter

Overall: decreasing (-70.08%). 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 -546.27 (%).Trend:Increase 252.0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -262.91 (%).Trend:Decrease 51.87% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -178.15 (%).Trend:Decrease 32.24% than previous quarter

Overall: increasing (-67.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.37 (%).Trend:Decrease 18.05% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.07 (%).Trend:Increase 6.21% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.78 (%).Trend:Increase 12.76% than previous quarter

Overall: increasing (19.77%). 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 -76.92 (%).Trend:Increase 11.17% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -77.7 (%).Trend:Increase 1.01% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -82.16 (%).Trend:Increase 5.74% than previous quarter

Overall: decreasing (6.81%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.53 (USD).Trend:Decrease 41.11% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.07 (USD).Trend:Increase 101.89% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.98 (USD).Trend:Decrease 8.41% than previous quarter

Overall: decreasing (84.91%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, liabilities on revenue and current assets on revenue decreased significantly, indicating reduced working capital efficiency.  The ratio of retained earnings to revenue improved, while the SG&A expense ratio increased. Retained earnings on assets decreased, and earnings per share decreased significantly.