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 57.6 (%).Trend:Increase 170.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 30.08 (%).Trend:Decrease 47.78% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.96 (%).Trend:Decrease 36.97% than previous quarter

Overall: decreasing (-67.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 17.77 (%).Trend:Increase 98.1% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 14.86 (%).Trend:Decrease 16.38% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 5.96 (%).Trend:Decrease 59.89% than previous quarter

Overall: decreasing (-66.46%). 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 -128.42 (%).Trend:Increase 172.71% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -57.41 (%).Trend:Decrease 55.3% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -36.17 (%).Trend:Decrease 37.0% than previous quarter

Overall: increasing (-71.83%). 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 -41.0 (%).Trend:Increase 10.36% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -37.49 (%).Trend:Decrease 8.56% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -37.83 (%).Trend:Increase 0.91% than previous quarter

Overall: increasing (-7.73%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.04 (USD).Trend:Decrease 90.91% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.08 (USD).Trend:Decrease 300.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.19 (USD).Trend:Increase 137.5% than previous quarter

Overall: increasing (-575.0%). Fluctuation: **Significant** (high variation).



Q1 2021 saw a significant increase in liabilities on revenue (170.8%) and current assets on revenue (98.1%).  Q2 2021 showed a decrease in both liabilities (-47.78%) and current assets (-16.38%). Q3 2021 continued the downward trend in both categories (-36.97% and -59.89%, respectively).  Overall, both liabilities and current assets on revenue decreased significantly (liabilities by -67.08%, current assets by -66.46%) with large fluctuations.  In terms of cost efficiency, the ratio of retained earnings to revenue increased overall (by -71.83%) with considerable volatility. Investment efficiency, measured by retained earnings on assets, also increased overall (by -7.73%), although with significant fluctuation. Earning per share showed an increasing trend (by -575%) with significant quarter-to-quarter swings.