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 278.03 (%).Trend:Increase 193.0% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.72 (%).Trend:Decrease 86.07% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.34 (%).Trend:Decrease 31.97% than previous quarter

Overall: decreasing (-90.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 833.67 (%).Trend:Increase 183.39% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 291.55 (%).Trend:Decrease 65.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 189.65 (%).Trend:Decrease 34.95% than previous quarter

Overall: decreasing (-77.25%). 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 -589.55 (%).Trend:Increase 206.26% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -284.91 (%).Trend:Decrease 51.67% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -209.08 (%).Trend:Decrease 26.62% than previous quarter

Overall: increasing (-64.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 82.69 (%).Trend:Increase 4.27% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 77.07 (%).Trend:Decrease 6.8% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 79.77 (%).Trend:Increase 3.5% than previous quarter

Overall: decreasing (-3.53%). 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 -67.35 (%).Trend:Increase 7.95% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -90.74 (%).Trend:Increase 34.73% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -102.0 (%).Trend:Increase 12.41% than previous quarter

Overall: decreasing (51.45%). Fluctuation: **Significant** (high variation).

Earning Per Share


Key findings from Q1-Q3 2021 show considerable volatility.  Working capital efficiency metrics (liabilities and current assets on revenue) decreased significantly. Cost efficiency, as indicated by the ratio of retained earnings to revenue, improved, but fluctuated significantly.  SG&A expenses showed minor and stable decreases. Investment efficiency (retained earnings on assets) deteriorated considerably, demonstrating significant variance.