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 97.71 (%).Trend:Increase 155.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 42.71 (%).Trend:Decrease 56.29% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.68 (%).Trend:Decrease 32.85% than previous quarter

Overall: decreasing (-70.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 420.84 (%).Trend:Increase 102.48% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 247.59 (%).Trend:Decrease 41.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 158.63 (%).Trend:Decrease 35.93% than previous quarter

Overall: decreasing (-62.31%). 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 -1050.36 (%).Trend:Increase 115.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -470.12 (%).Trend:Decrease 55.24% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -294.66 (%).Trend:Decrease 37.32% than previous quarter

Overall: increasing (-71.95%). 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 -159.79 (%).Trend:Decrease 1.03% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -120.73 (%).Trend:Decrease 24.44% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -116.82 (%).Trend:Decrease 3.24% than previous quarter

Overall: increasing (-26.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.19 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.29 (USD).Trend:Increase 52.63% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.33 (USD).Trend:Increase 13.79% than previous quarter

Overall: decreasing (73.68%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 indicate considerable fluctuation. Liabilities on revenue decreased substantially, while current assets on revenue also decreased, highlighting significant volatility in working capital efficiency. Retained earnings on assets showed a slight upward trend, but considerable fluctuation. Earnings per share also demonstrated a consistent decrease.  These factors point to instability in the financial position and operational performance.