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 290.69 (%).Trend:Increase 254.15% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 134.54 (%).Trend:Decrease 53.72% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 81.77 (%).Trend:Decrease 39.22% than previous quarter

Overall: decreasing (-71.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 289.39 (%).Trend:Increase 254.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 122.19 (%).Trend:Decrease 57.78% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 75.49 (%).Trend:Decrease 38.22% than previous quarter

Overall: decreasing (-73.91%). 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 -476.95 (%).Trend:Increase 283.68% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -238.15 (%).Trend:Decrease 50.07% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -159.09 (%).Trend:Decrease 33.2% than previous quarter

Overall: increasing (-66.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.19 (%).Trend:Increase 8.93% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 50.04 (%).Trend:Increase 3.84% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51.7 (%).Trend:Increase 3.32% than previous quarter

Overall: increasing (7.28%). 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 -89.75 (%).Trend:Decrease 9.24% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -113.81 (%).Trend:Increase 26.81% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -108.8 (%).Trend:Decrease 4.4% than previous quarter

Overall: decreasing (21.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.5 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.38 (USD).Trend:Decrease 24.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.05 (USD).Trend:Increase 702.63% than previous quarter

Overall: increasing (510.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show significant fluctuations in working capital efficiency.  Liabilities and current assets on revenue decreased substantially, although there were large increases and decreases during each quarter. Cost efficiency indicates a significant increase in the ratio of retained earnings to revenue, despite fluctuations.  The SG&A expense ratio exhibited relatively little variation. Investment efficiency decreased by 21.23%, showing notable swings. Earning per share increased by 510.0%, with large quarter-to-quarter changes.