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 97.91 (%).Trend:Increase 125.34% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 39.91 (%).Trend:Decrease 59.24% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.57 (%).Trend:Decrease 18.39% than previous quarter

Overall: decreasing (-66.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 154.96 (%).Trend:Increase 74.82% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 74.64 (%).Trend:Decrease 51.83% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 52.09 (%).Trend:Decrease 30.21% than previous quarter

Overall: decreasing (-66.38%). 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 -517.51 (%).Trend:Increase 144.29% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -244.15 (%).Trend:Decrease 52.82% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -150.34 (%).Trend:Decrease 38.42% than previous quarter

Overall: increasing (-70.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.41 (%).Trend:Decrease 57.55% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.45 (%).Trend:Decrease 11.94% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.91 (%).Trend:Decrease 10.66% than previous quarter

Overall: decreasing (-21.33%). Fluctuation: **Neutral** (moderate 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 -139.44 (%).Trend:Increase 37.68% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -147.91 (%).Trend:Increase 6.07% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -144.79 (%).Trend:Decrease 2.11% than previous quarter

Overall: decreasing (3.84%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -4.41 (USD).Trend:Decrease 91.23% than previous quarter
Year 2021 Quarter 2: Earning Per Share -7.39 (USD).Trend:Increase 67.57% than previous quarter
Year 2021 Quarter 3: Earning Per Share -9.6 (USD).Trend:Increase 29.91% than previous quarter

Overall: decreasing (117.69%). Fluctuation: **Significant** (high variation).



Q1 to Q3 2021 financial data demonstrates consistent decreasing trends in working capital efficiency, with substantial variations in liabilities and current assets on revenue.  Cost efficiency displays a significant decrease in the ratio of retained earnings to revenue, and a moderate decrease in the SG&A expense ratio. Investment efficiency and earnings per share also exhibit fluctuating decreases. Overall, the financial performance from Q1 to Q3 2021 indicates ongoing instability in key financial metrics.