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 498.51 (%).Trend:Increase 231.63% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 209.05 (%).Trend:Decrease 58.07% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 102.42 (%).Trend:Decrease 51.01% than previous quarter

Overall: decreasing (-79.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 430.19 (%).Trend:Increase 125.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 174.41 (%).Trend:Decrease 59.46% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 85.52 (%).Trend:Decrease 50.97% than previous quarter

Overall: decreasing (-80.12%). 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 -38.67 (%).Trend:Decrease 1653.01% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -8.45 (%).Trend:Decrease 78.15% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 1.27 (%).Trend:Decrease 115.03% than previous quarter

Overall: increasing (-103.28%). 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 -2.2 (%).Trend:Decrease 636.59% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -1.27 (%).Trend:Decrease 42.27% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 0.36 (%).Trend:Decrease 128.35% than previous quarter

Overall: increasing (-116.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.85 (USD).Trend:Decrease 89.89% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.82 (USD).Trend:Decrease 55.68% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.08 (USD).Trend:Decrease 231.71% than previous quarter

Overall: increasing (-158.38%). Fluctuation: **Significant** (high variation).



Financial statement analysis from Q1 to Q3 2021 reveals significant volatility in working capital, cost, investment, and earnings.  Liabilities and current assets on revenue both decreased, but with substantial fluctuations. The ratio of retained earnings to revenue trended upward. Investment efficiency and earnings per share also demonstrate considerable variability.  The data highlights a period of significant financial instability and requires careful monitoring for risk management.