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 154.03 (%).Trend:Increase 245.13% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 71.31 (%).Trend:Decrease 53.7% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 45.04 (%).Trend:Decrease 36.84% than previous quarter

Overall: decreasing (-70.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 55.14 (%).Trend:Increase 77.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 30.57 (%).Trend:Decrease 44.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 17.85 (%).Trend:Decrease 41.61% than previous quarter

Overall: decreasing (-67.63%). 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 -244.24 (%).Trend:Increase 86.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -121.14 (%).Trend:Decrease 50.4% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -78.32 (%).Trend:Decrease 35.35% than previous quarter

Overall: increasing (-67.93%). 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 -37.76 (%).Trend:Increase 11.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -41.53 (%).Trend:Increase 9.98% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -42.73 (%).Trend:Increase 2.89% than previous quarter

Overall: decreasing (13.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.19 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.4 (USD).Trend:Decrease 66.39% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.12 (USD).Trend:Decrease 70.0% than previous quarter

Overall: decreasing (-89.92%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show significant fluctuations in working capital efficiency metrics.  Liabilities on revenue decreased substantially, but with substantial quarterly swings.  Current assets on revenue also decreased overall, though with similar volatile quarterly changes.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a positive overall trend but with large quarter-to-quarter variation. Investment efficiency, measured by retained earnings on assets, shows a negative overall trend, again with high volatility.  Earnings per share experienced a substantial decline across the three quarters.  Overall, the financial performance is highly erratic and needs closer examination for potential underlying causes.