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 109.62 (%).Trend:Increase 55.93% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 67.26 (%).Trend:Decrease 38.64% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 44.14 (%).Trend:Decrease 34.37% than previous quarter

Overall: decreasing (-59.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 519.58 (%).Trend:Increase 58.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 251.37 (%).Trend:Decrease 51.62% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 263.28 (%).Trend:Increase 4.74% than previous quarter

Overall: decreasing (-49.33%). 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 -647.99 (%).Trend:Increase 111.69% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -373.71 (%).Trend:Decrease 42.33% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -287.32 (%).Trend:Decrease 23.12% than previous quarter

Overall: increasing (-55.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 71.12 (%).Trend:Decrease 5.44% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 80.11 (%).Trend:Increase 12.64% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 80.51 (%).Trend:Increase 0.5% than previous quarter

Overall: increasing (13.2%). 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 -110.46 (%).Trend:Increase 26.5% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -129.42 (%).Trend:Increase 17.16% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -99.13 (%).Trend:Decrease 23.4% than previous quarter

Overall: increasing (-10.26%). Fluctuation: **Significant** (high variation).

Earning Per Share


The Q1 2021 to Q3 2021 data highlights significant fluctuations.  Liabilities on revenue decreased substantially (-59.73%), while current assets also decreased (-49.33%), indicating significant volatility in working capital. Cost efficiency shows a notable increase (-55.66%) in the ratio of retained earnings to revenue, contrasting with a small increase (13.2%) in the SG&A expense ratio. Investment efficiency, as measured by retained earnings on assets, improved slightly (-10.26%) despite high variation.