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 75.11 (%).Trend:Increase 208.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.66 (%).Trend:Decrease 52.52% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.14 (%).Trend:Decrease 26.7% than previous quarter

Overall: decreasing (-65.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 132.72 (%).Trend:Increase 176.44% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 66.14 (%).Trend:Decrease 50.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 45.42 (%).Trend:Decrease 31.33% than previous quarter

Overall: decreasing (-65.78%). 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 -24.3 (%).Trend:Increase 81.34% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -12.17 (%).Trend:Decrease 49.92% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -6.63 (%).Trend:Decrease 45.52% than previous quarter

Overall: increasing (-72.72%). 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 -8.11 (%).Trend:Decrease 41.57% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -8.04 (%).Trend:Decrease 0.86% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -6.4 (%).Trend:Decrease 20.4% than previous quarter

Overall: increasing (-21.09%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 12.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.29 (USD).Trend:Increase 3.57% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.38 (USD).Trend:Increase 31.03% than previous quarter

Overall: increasing (35.71%). Fluctuation: **Neutral** (moderate variation).



Analysis of Q1-Q3 2021 financial data reveals substantial volatility.  Liabilities and current assets on revenue both decreased significantly throughout the three quarters, with notable increases in Q1.  Cost efficiency, as measured by the ratio of retained earnings to revenue, showed a trend of increasing negative values.  Investment efficiency also had negative retained earnings on assets with high volatility. Earning per share saw an increase from Q2 to Q3, suggesting a slightly positive trend.