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 304.0 (%).Trend:Increase 85.71% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 163.49 (%).Trend:Decrease 46.22% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 98.53 (%).Trend:Decrease 39.73% than previous quarter

Overall: decreasing (-67.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 10651.93 (%).Trend:Increase 1999.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 3165.96 (%).Trend:Decrease 70.28% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 1539.4 (%).Trend:Decrease 51.38% than previous quarter

Overall: decreasing (-85.55%). 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 -8723.59 (%).Trend:Increase 83.65% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -3160.28 (%).Trend:Decrease 63.77% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -1720.52 (%).Trend:Decrease 45.56% than previous quarter

Overall: increasing (-80.28%). 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 -77.29 (%).Trend:Decrease 89.9% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -84.41 (%).Trend:Increase 9.21% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -93.6 (%).Trend:Increase 10.89% than previous quarter

Overall: decreasing (21.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.18 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.5 (USD).Trend:Increase 177.78% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.87 (USD).Trend:Increase 74.0% than previous quarter

Overall: decreasing (383.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased by 67.59%, but with substantial quarter-to-quarter variation.  Current assets on revenue also declined significantly (-85.55%) and experienced high volatility.  The ratio of retained earnings to revenue, while seemingly increasing overall, also demonstrates substantial quarter-to-quarter variability.  Investment efficiency, as measured by retained earnings on assets, is decreasing with significant fluctuation. Earnings per share are also declining, though with a similar pattern of large variations.  Overall, the data suggests instability in these key financial indicators across the three quarters.