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 103.89 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.68 (%).Trend:Decrease 46.4% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 35.78 (%).Trend:Decrease 35.74% than previous quarter

Overall: decreasing (-65.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 173.19 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 91.74 (%).Trend:Decrease 47.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.05 (%).Trend:Decrease 32.36% than previous quarter

Overall: decreasing (-64.17%). 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 219.71 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 120.06 (%).Trend:Decrease 45.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 82.18 (%).Trend:Decrease 31.55% than previous quarter

Overall: decreasing (-62.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.03 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.56 (%).Trend:Increase 8.79% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.59 (%).Trend:Increase 0.46% than previous quarter

Overall: increasing (9.29%). 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 75.5 (%).Trend:Increase 1.79% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 76.72 (%).Trend:Increase 1.62% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 79.27 (%).Trend:Increase 3.32% than previous quarter

Overall: increasing (4.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.57 (USD).Trend:Decrease 121.51% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 68.42% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.36 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-36.84%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show considerable downward trends across various metrics. Liabilities and current assets on revenue are decreasing dramatically, possibly due to reduced operations or debt repayment.  Retained earnings to revenue also show a substantial decline, suggesting weakening profitability.  In contrast, SG&A expense ratio displays a relatively stable, but small increase.  Investment efficiency shows a steady increase in retained earning on assets, but earning per share continues a negative trajectory.  This indicates a possible restructuring or operational adjustments taking place to stabilize the finances, but immediate profitability remains an issue.