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 79.56 (%).Trend:Increase 424.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 41.44 (%).Trend:Decrease 47.91% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.56 (%).Trend:Decrease 26.25% than previous quarter

Overall: decreasing (-61.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 109.28 (%).Trend:Increase 341.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 57.39 (%).Trend:Decrease 47.48% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 38.66 (%).Trend:Decrease 32.64% than previous quarter

Overall: decreasing (-64.62%). 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 9.4 (%).Trend:Decrease 25.1% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 1.76 (%).Trend:Decrease 81.28% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 0.25 (%).Trend:Decrease 85.8% than previous quarter

Overall: decreasing (-97.34%). 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 1.45 (%).Trend:Decrease 80.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 0.63 (%).Trend:Decrease 56.55% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 0.15 (%).Trend:Decrease 76.19% than previous quarter

Overall: decreasing (-89.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.2 (USD).Trend:Decrease 67.74% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.28 (USD).Trend:Increase 40.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.33 (USD).Trend:Increase 17.86% than previous quarter

Overall: decreasing (65.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 reveal significant and erratic trends.  Liabilities and current assets on revenue declined, but with considerable volatility.  The ratio of retained earnings to revenue experienced a steep, highly fluctuating downward trend.  Invest efficiency, as measured by retained earnings on assets, also showed considerable decline, as did earnings per share. The data suggest a serious financial downturn with significant quarter-to-quarter fluctuations and a downward trend across key metrics.