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 90.59 (%).Trend:Increase 145.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 54.64 (%).Trend:Decrease 39.68% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 38.81 (%).Trend:Decrease 28.97% than previous quarter

Overall: decreasing (-57.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 166.35 (%).Trend:Increase 287.4% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 72.94 (%).Trend:Decrease 56.15% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 49.19 (%).Trend:Decrease 32.56% than previous quarter

Overall: decreasing (-70.43%). 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 -1437.81 (%).Trend:Increase 174.34% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -689.23 (%).Trend:Decrease 52.06% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -468.63 (%).Trend:Decrease 32.01% than previous quarter

Overall: increasing (-67.41%). 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 -191.77 (%).Trend:Decrease 9.95% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -168.26 (%).Trend:Decrease 12.26% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -174.95 (%).Trend:Increase 3.98% than previous quarter

Overall: increasing (-8.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 83.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 1300.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.08 (USD).Trend:Decrease 157.14% than previous quarter

Overall: decreasing (-900.0%). Fluctuation: **Significant** (high variation).



Financial statements highlight significant volatility in key financial metrics for 2021.  Working capital efficiency shows substantial decreases in liabilities and current assets on revenue, with large swings from quarter to quarter. Cost efficiency, represented by the ratio of retained earnings to revenue, exhibits an increasing trend with high quarter-over-quarter variation. Investment efficiency, measured by retained earnings on assets, trends upward but with considerable quarter-to-quarter fluctuations.  Earnings per share demonstrate pronounced volatility with large increases and decreases throughout the year. This suggests significant instability in the company's financial performance.