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 92.17 (%).Trend:Increase 339.32% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.64 (%).Trend:Decrease 50.48% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 73.41 (%).Trend:Increase 60.85% than previous quarter

Overall: decreasing (-20.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 97.65 (%).Trend:Increase 394.43% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 57.42 (%).Trend:Decrease 41.2% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 73.82 (%).Trend:Increase 28.56% than previous quarter

Overall: decreasing (-24.4%). 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 -60.05 (%).Trend:Increase 497.51% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -32.39 (%).Trend:Decrease 46.06% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -20.12 (%).Trend:Decrease 37.88% than previous quarter

Overall: increasing (-66.49%). 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 -9.77 (%).Trend:Increase 60.43% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -11.42 (%).Trend:Increase 16.89% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -10.09 (%).Trend:Decrease 11.65% than previous quarter

Overall: decreasing (3.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.54 (USD).Trend:Decrease 29.87% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.13 (USD).Trend:Increase 109.26% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.63 (USD).Trend:Increase 44.25% than previous quarter

Overall: decreasing (201.85%). Fluctuation: **Significant** (high variation).



The Q1-Q3 2021 financial reports highlight substantial volatility in key financial indicators. Liabilities and current assets on revenue showed fluctuating decreases. Cost efficiency, measured by the ratio of retained earnings to revenue, increased in a highly erratic manner (-66.49%). Investment efficiency showed a decline (3.28%).  Earnings per share decreased dramatically (201.85%) across the period, indicating substantial financial instability.