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 269.41 (%).Trend:Increase 210.56% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 141.13 (%).Trend:Decrease 47.62% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 88.56 (%).Trend:Decrease 37.25% than previous quarter

Overall: decreasing (-67.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 332.65 (%).Trend:Increase 174.15% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 152.58 (%).Trend:Decrease 54.13% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 100.14 (%).Trend:Decrease 34.37% than previous quarter

Overall: decreasing (-69.9%). 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 -11.18 (%).Trend:Increase 45.95% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -3.36 (%).Trend:Decrease 69.95% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -0.7 (%).Trend:Decrease 79.17% than previous quarter

Overall: increasing (-93.74%). 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 -1.72 (%).Trend:Decrease 47.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -1.01 (%).Trend:Decrease 41.28% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -0.32 (%).Trend:Decrease 68.32% than previous quarter

Overall: increasing (-81.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 20.75% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 69.05% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.03 (USD).Trend:Increase 45.07% than previous quarter

Overall: increasing (145.24%). Fluctuation: **Significant** (high variation).



Financial statement responses for Q1-Q3 2021 reveal substantial fluctuations in working capital efficiency metrics. Liabilities on revenue increased sharply in Q1, then decreased significantly in the following quarters, resulting in a substantial overall decrease.  A similar trend is observed for current assets on revenue.  Cost efficiency, measured by the ratio of retained earnings to revenue, showed a marked increase over the period but with a large fluctuation. Earnings per share rose overall, though with significant quarter-to-quarter variance.  The significant fluctuation patterns suggest potential operational or market-related challenges. Investment and SG&A data are missing, limiting a complete assessment.