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 89.76 (%).Trend:Increase 272.14% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 43.83 (%).Trend:Decrease 51.17% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.95 (%).Trend:Decrease 31.67% than previous quarter

Overall: decreasing (-66.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 75.92 (%).Trend:Increase 206.75% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 37.8 (%).Trend:Decrease 50.21% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 24.67 (%).Trend:Decrease 34.74% than previous quarter

Overall: decreasing (-67.51%). 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 -119.52 (%).Trend:Increase 355.31% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -57.78 (%).Trend:Decrease 51.66% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -37.75 (%).Trend:Decrease 34.67% than previous quarter

Overall: increasing (-68.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.21 (%).Trend:Decrease 13.56% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.98 (%).Trend:Increase 2.94% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.38 (%).Trend:Increase 1.48% than previous quarter

Overall: increasing (4.46%). 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 -30.41 (%).Trend:Increase 51.75% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -30.72 (%).Trend:Increase 1.02% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -30.89 (%).Trend:Increase 0.55% than previous quarter

Overall: decreasing (1.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.06 (USD).Trend:Decrease 73.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.95 (USD).Trend:Decrease 10.38% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.84 (USD).Trend:Decrease 11.58% than previous quarter

Overall: increasing (-20.75%). Fluctuation: **Significant** (high variation).



The financial statements reveal significant volatility in 2021. Working capital efficiency shows significant variation in liabilities and current assets, implying management challenges. Cost efficiency, measured by the ratio of retained earnings to revenue, exhibits considerable instability. However, selling, general, and administrative (SG&A) expenses show more consistent growth.  Investment efficiency demonstrates substantial fluctuation in retained earnings on assets, revealing uncertainty in resource allocation.  Earnings per share remain negative but show a slight overall upward trend, though with volatility.  These data points together signify the need for further investigation into underlying issues affecting company performance.