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 76.2 (%).Trend:Increase 281.57% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.66 (%).Trend:Decrease 34.83% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 27.94 (%).Trend:Decrease 43.74% than previous quarter

Overall: decreasing (-63.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 151.18 (%).Trend:Increase 220.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 85.68 (%).Trend:Decrease 43.33% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 49.34 (%).Trend:Decrease 42.41% than previous quarter

Overall: decreasing (-67.36%). 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 -115.02 (%).Trend:Increase 324.9% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -55.68 (%).Trend:Decrease 51.59% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -51.09 (%).Trend:Decrease 8.24% than previous quarter

Overall: increasing (-55.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.98 (%).Trend:Increase 10.5% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.05 (%).Trend:Decrease 8.62% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.06 (%).Trend:Increase 0.03% than previous quarter

Overall: decreasing (-8.59%). 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 -30.41 (%).Trend:Increase 31.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -29.93 (%).Trend:Decrease 1.58% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -48.51 (%).Trend:Increase 62.08% than previous quarter

Overall: decreasing (59.52%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.11 (USD).Trend:Decrease 84.14% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.68 (USD).Trend:Increase 51.35% than previous quarter
Year 2021 Quarter 3: Earning Per Share -4.62 (USD).Trend:Increase 175.0% than previous quarter

Overall: decreasing (316.22%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 reveal a decreasing trend in working capital efficiency. Liabilities on revenue decreased from Q1 to Q3. Current assets on revenue also decreased over the period. Cost efficiency shows an increasing, yet negative, trend in the ratio of retained earnings to revenue, while the SG&A expense ratio shows a modest decrease. Investment efficiency reveals a continuous decrease in retained earnings on assets. Earnings per share also exhibit a significant decreasing trend.  The data suggests a decline in financial health over this period.