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 102.84 (%).Trend:Increase 194.16% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.25 (%).Trend:Decrease 54.05% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.78 (%).Trend:Decrease 30.62% than previous quarter

Overall: decreasing (-68.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 141.3 (%).Trend:Increase 190.5% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 68.21 (%).Trend:Decrease 51.73% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 47.29 (%).Trend:Decrease 30.67% than previous quarter

Overall: decreasing (-66.53%). 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 -80.33 (%).Trend:Increase 198.18% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -35.78 (%).Trend:Decrease 55.46% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -21.89 (%).Trend:Decrease 38.82% than previous quarter

Overall: increasing (-72.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.6 (%).Trend:Increase 0.34% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.54 (%).Trend:Decrease 7.26% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.34 (%).Trend:Decrease 1.48% than previous quarter

Overall: decreasing (-8.63%). 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 -21.67 (%).Trend:Increase 2.9% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -20.57 (%).Trend:Decrease 5.08% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -19.05 (%).Trend:Decrease 7.39% than previous quarter

Overall: increasing (-12.09%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q1 2021 to Q3 2021 shows substantial volatility. Liabilities and current assets on revenue decreased significantly but with substantial quarterly fluctuations. The ratio of retained earnings to revenue displays a substantial but fluctuating increase. Selling, General & Administrative (SG&A) expenses decreased slightly, with little variation. Investment efficiency shows a marginal increase in retained earnings on assets, despite significant quarterly changes.