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 95.39 (%).Trend:Increase 79.54% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.54 (%).Trend:Decrease 49.11% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.81 (%).Trend:Decrease 15.93% than previous quarter

Overall: decreasing (-57.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 129.79 (%).Trend:Increase 133.18% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 108.0 (%).Trend:Decrease 16.79% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 77.54 (%).Trend:Decrease 28.2% than previous quarter

Overall: decreasing (-40.26%). Fluctuation: **Neutral** (moderate 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 31.96 (%).Trend:Increase 140.48% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 14.08 (%).Trend:Decrease 55.94% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 6.42 (%).Trend:Decrease 54.4% than previous quarter

Overall: decreasing (-79.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.0 (%).Trend:Decrease 21.41% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.45 (%).Trend:Increase 5.0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.16 (%).Trend:Increase 2.33% than previous quarter

Overall: increasing (7.45%). 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 15.92 (%).Trend:Increase 5.01% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.77 (%).Trend:Decrease 38.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 6.41 (%).Trend:Decrease 34.39% than previous quarter

Overall: decreasing (-59.74%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -3.0 (USD).Trend:Increase 200.0% than previous quarter

Overall: decreasing (200.0%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, liabilities on revenue decreased (-57.22%) significantly.  Current assets on revenue also decreased (-40.26%), but with neutral fluctuation.  Cost efficiency was negatively impacted, with retained earnings to revenue decreasing (-79.91%) significantly, while the SG&A expense ratio showed a small increase (7.45%).  Investment efficiency declined, exhibiting significant decreases in retained earnings on assets (-59.74%) and earnings per share (-200%).