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 1829.84 (%).Trend:Increase 1067.44% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1450.87 (%).Trend:Decrease 20.71% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 1069.53 (%).Trend:Decrease 26.28% than previous quarter

Overall: decreasing (-41.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 9734.24 (%).Trend:Increase 845.64% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 5290.89 (%).Trend:Decrease 45.65% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 3339.59 (%).Trend:Decrease 36.88% than previous quarter

Overall: decreasing (-65.69%). 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 -27583.15 (%).Trend:Increase 1183.09% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -19617.03 (%).Trend:Decrease 28.88% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -14283.99 (%).Trend:Decrease 27.19% than previous quarter

Overall: increasing (-48.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 770.5 (%).Trend:Increase 361.1% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 968.85 (%).Trend:Increase 25.74% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 921.67 (%).Trend:Decrease 4.87% than previous quarter

Overall: increasing (19.62%). Fluctuation: **Neutral** (moderate 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 -189.95 (%).Trend:Increase 36.83% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -230.33 (%).Trend:Increase 21.26% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -265.74 (%).Trend:Increase 15.37% than previous quarter

Overall: decreasing (39.9%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2021 to Q3 2021 data reveals significant volatility across key financial indicators. Liabilities on Revenue decreased (-41.55%), Current assets on Revenue decreased more drastically (-65.69%), and Ratio of Retained Earnings to Revenue increased (-48.21%), all with significant fluctuations.  In contrast, the Selling, General & Administrative (SG&A) Expense Ratio increased by 19.62% with moderate variation.  Retained Earning on Assets also decreased significantly (-39.9%).