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 182.62 (%).Trend:Increase 209.11% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 86.12 (%).Trend:Decrease 52.84% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 76.43 (%).Trend:Decrease 11.25% than previous quarter

Overall: decreasing (-58.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 206.46 (%).Trend:Increase 176.42% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 104.91 (%).Trend:Decrease 49.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 154.25 (%).Trend:Increase 47.03% than previous quarter

Overall: decreasing (-25.29%). 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 -91.9 (%).Trend:Increase 91.58% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -47.74 (%).Trend:Decrease 48.05% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -48.26 (%).Trend:Increase 1.09% than previous quarter

Overall: increasing (-47.49%). 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 -4.22 (%).Trend:Decrease 36.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -4.43 (%).Trend:Increase 4.98% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -5.31 (%).Trend:Increase 19.86% than previous quarter

Overall: decreasing (25.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.02 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.12 (USD).Trend:Increase 500.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.18 (USD).Trend:Increase 50.0% than previous quarter

Overall: decreasing (800.0%). Fluctuation: **Significant** (high variation).



Data from Q1 2021 to Q3 2021 shows considerable volatility in key financial ratios. Liabilities and current assets on revenue demonstrate an overall decline, though individual quarters show substantial changes.  The ratio of retained earnings to revenue improved, but fluctuations are high. Retained earning on assets decreased significantly, as did earnings per share.  The high variability warrants further examination.