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 42.55 (%).Trend:Increase 42.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 22.97 (%).Trend:Decrease 46.02% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.19 (%).Trend:Decrease 7.75% than previous quarter

Overall: decreasing (-50.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 238.89 (%).Trend:Increase 82.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 217.48 (%).Trend:Decrease 8.96% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 156.06 (%).Trend:Decrease 28.24% than previous quarter

Overall: decreasing (-34.67%). Fluctuation: **Neutral** (moderate 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 234.96 (%).Trend:Increase 165.37% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 126.73 (%).Trend:Decrease 46.06% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 78.9 (%).Trend:Decrease 37.74% than previous quarter

Overall: decreasing (-66.42%). 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 30.98 (%).Trend:Increase 16.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 24.14 (%).Trend:Decrease 22.08% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 20.05 (%).Trend:Decrease 16.94% than previous quarter

Overall: decreasing (-35.28%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.03 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 2866.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share -3.13 (USD).Trend:Increase 251.69% than previous quarter

Overall: decreasing (10333.33%). Fluctuation: **Significant** (high variation).



Financial statements indicate a complex financial situation. Liabilities on revenue decreased significantly, showing instability.  Current assets on revenue trended downward. Retained earnings on revenue decreased significantly (-66.42%), reflecting operational instability. Investment efficiency shows a moderate decrease in retained earnings on assets, with a significant overall drop.  Earnings per share are negative and highly volatile.