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 64.13 (%).Trend:Increase 249.29% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.25 (%).Trend:Decrease 45.03% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.35 (%).Trend:Decrease 36.6% than previous quarter

Overall: decreasing (-65.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 93.05 (%).Trend:Increase 188.26% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 49.19 (%).Trend:Decrease 47.14% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 33.37 (%).Trend:Decrease 32.16% than previous quarter

Overall: decreasing (-64.14%). 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 -277.06 (%).Trend:Increase 99.67% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -134.18 (%).Trend:Decrease 51.57% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -87.96 (%).Trend:Decrease 34.45% than previous quarter

Overall: increasing (-68.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.14 (%).Trend:Decrease 32.03% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.96 (%).Trend:Increase 6.75% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.38 (%).Trend:Increase 3.24% than previous quarter

Overall: increasing (10.21%). 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 -89.7 (%).Trend:Decrease 22.98% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -85.5 (%).Trend:Decrease 4.68% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -84.43 (%).Trend:Decrease 1.25% than previous quarter

Overall: increasing (-5.88%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.06 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 66.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.12 (USD).Trend:Increase 20.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



Financial data for Q1-Q3 2021 reveals considerable volatility in various metrics. Liabilities on revenue and current assets on revenue decreased significantly after substantial increases in Q1 2021. The ratio of retained earnings to revenue shows a consistent overall upward trend despite fluctuations. The SG&A expense ratio shows a pattern of slight increases, while investment efficiency (retained earnings on assets) and earnings per share all demonstrate consistent increases.