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 99.52 (%).Trend:Increase 310.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.78 (%).Trend:Decrease 54.0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.34 (%).Trend:Increase 29.62% than previous quarter

Overall: decreasing (-40.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 302.3 (%).Trend:Increase 236.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 152.56 (%).Trend:Decrease 49.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 132.18 (%).Trend:Decrease 13.36% than previous quarter

Overall: decreasing (-56.28%). 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 14.87 (%).Trend:Decrease 71.85% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4.11 (%).Trend:Decrease 72.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 5.04 (%).Trend:Increase 22.63% than previous quarter

Overall: decreasing (-66.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.8 (%).Trend:Increase 22.26% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.73 (%).Trend:Increase 11.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.31 (%).Trend:Decrease 4.81% than previous quarter

Overall: increasing (6.54%). 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 2.53 (%).Trend:Decrease 89.56% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 1.35 (%).Trend:Decrease 46.64% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 2.22 (%).Trend:Increase 64.44% than previous quarter

Overall: decreasing (-12.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 98.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.45 (USD).Trend:Increase 650.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.07 (USD).Trend:Decrease 84.44% than previous quarter

Overall: decreasing (16.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2021 reveal significant volatility across various metrics. Liabilities on revenue, while decreasing overall, fluctuated widely, mirroring the significant swings in current assets on revenue. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a substantial decrease with significant fluctuation.  Selling, General & Administrative (SG&A) expenses show a slight overall increase, with less significant fluctuation. Investment efficiency and earnings per share both display considerable decreases and substantial variation.