Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 112.12 (%).Trend:Increase 39.26% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 14.34 (%).Trend:Decrease 87.21% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -1.76 (%).Trend:Decrease 112.27% than previous quarter

Overall: decreasing (-101.57%). 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 1.77 (%).Trend:Decrease 67.7% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 0.68 (%).Trend:Decrease 61.58% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -0.16 (%).Trend:Decrease 123.53% than previous quarter

Overall: decreasing (-109.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.81 (USD).Trend:Decrease 84.39% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.3 (USD).Trend:Increase 60.49% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.66 (USD).Trend:Increase 27.69% than previous quarter

Overall: decreasing (104.94%). Fluctuation: **Significant** (high variation).



Analysis of financial statements from Q1 to Q3 of 2021 demonstrates a significant and concerning deterioration in key financial indicators.  The ratio of retained earnings to revenue, and retained earnings on assets experience substantial declines, including falling into negative values. This is coupled with a negative trend in earnings per share, showcasing a persistent weakening of financial performance.