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 3684.04 (%).Trend:Increase 206.97% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 2250.35 (%).Trend:Decrease 38.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 1231.21 (%).Trend:Decrease 45.29% than previous quarter

Overall: decreasing (-66.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 5186.47 (%).Trend:Increase 238.28% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 3975.01 (%).Trend:Decrease 23.36% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 2313.74 (%).Trend:Decrease 41.79% than previous quarter

Overall: decreasing (-55.39%). 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 -349.93 (%).Trend:Increase 190.23% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -178.42 (%).Trend:Decrease 49.01% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -128.51 (%).Trend:Decrease 27.97% than previous quarter

Overall: increasing (-63.28%). 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 -6.52 (%).Trend:Decrease 16.2% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -4.38 (%).Trend:Decrease 32.82% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -5.41 (%).Trend:Increase 23.52% than previous quarter

Overall: increasing (-17.02%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statement analysis reveals highly volatile financial performance from Q1 to Q3 2021.  Working capital efficiency fluctuated substantially, with significant decreases and increases in liabilities and current assets. Cost efficiency, reflected in the ratio of retained earnings to revenue, demonstrates an overall increasing trend but with notable fluctuations.  Investment efficiency, as measured by retained earnings on assets, exhibited an upward trend overall but with significant variation.  These findings underscore a dynamic, erratic financial performance in the period, exhibiting significant shifts in efficiency metrics.