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 72.76 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.66 (%).Trend:Decrease 49.62% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.23 (%).Trend:Decrease 33.91% than previous quarter

Overall: decreasing (-66.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 140.31 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 67.64 (%).Trend:Decrease 51.79% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 43.24 (%).Trend:Decrease 36.07% than previous quarter

Overall: decreasing (-69.18%). 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 -3.81 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -0.04 (%).Trend:Decrease 98.95% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 1.11 (%).Trend:Decrease 2875.0% than previous quarter

Overall: increasing (-129.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.5 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.0 (%).Trend:Decrease 5.88% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.87 (%).Trend:Decrease 1.62% than previous quarter

Overall: decreasing (-7.41%). 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 -1.68 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -0.04 (%).Trend:Decrease 97.62% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 1.59 (%).Trend:Decrease 4075.0% than previous quarter

Overall: increasing (-194.64%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1-Q3 2021 show significant fluctuations in various financial metrics. Liabilities and current assets on revenue decreased substantially, highlighting high volatility.  Retained earnings ratios exhibit significant swings, while the SG&A expense ratio demonstrates a relatively stable decline.  The analysis points towards the need for further investigation into the reasons behind these fluctuations.