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 1068.44 (%).Trend:Increase 626.48% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 262.8 (%).Trend:Decrease 75.4% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 124.55 (%).Trend:Decrease 52.61% than previous quarter

Overall: decreasing (-88.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 685.1 (%).Trend:Increase 1115.58% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 339.34 (%).Trend:Decrease 50.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 137.36 (%).Trend:Decrease 59.52% than previous quarter

Overall: decreasing (-79.95%). 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 -3979.97 (%).Trend:Increase 879.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1056.56 (%).Trend:Decrease 73.45% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -478.51 (%).Trend:Decrease 54.71% than previous quarter

Overall: increasing (-87.98%). 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 -56.27 (%).Trend:Increase 39.49% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -55.3 (%).Trend:Decrease 1.72% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -58.69 (%).Trend:Increase 6.13% than previous quarter

Overall: decreasing (4.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.42 (USD).Trend:Decrease 95.82% than previous quarter
Year 2021 Quarter 2: Earning Per Share -2.07 (USD).Trend:Increase 45.77% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.44 (USD).Trend:Increase 17.87% than previous quarter

Overall: decreasing (71.83%). Fluctuation: **Significant** (high variation).



Financial analysis indicates significant fluctuations in key financial performance indicators from Q1 2021 to Q3 2021.  Working capital efficiency metrics, including liabilities and current assets as percentages of revenue, exhibited substantial decreases, though with fluctuating directions.  Cost efficiency, measured by retained earnings-to-revenue, displayed an increasing trend despite the significant volatility. Investment efficiency and earnings per share also decreased with considerable fluctuation.  Overall, the company's performance appears unstable and requires further investigation for possible corrective actions.