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 678.38 (%).Trend:Decrease 27.06% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 342.48 (%).Trend:Decrease 49.52% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 140.79 (%).Trend:Decrease 58.89% than previous quarter

Overall: decreasing (-79.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 6837.32 (%).Trend:Increase 191.64% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 2279.14 (%).Trend:Decrease 66.67% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 951.05 (%).Trend:Decrease 58.27% than previous quarter

Overall: decreasing (-86.09%). 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 -25334.18 (%).Trend:Increase 3.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -9623.99 (%).Trend:Decrease 62.01% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -4712.52 (%).Trend:Decrease 51.03% than previous quarter

Overall: increasing (-81.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 491.43 (%).Trend:Decrease 61.99% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 467.28 (%).Trend:Decrease 4.91% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 363.42 (%).Trend:Decrease 22.23% than previous quarter

Overall: decreasing (-26.05%). Fluctuation: **Neutral** (moderate 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 -296.28 (%).Trend:Decrease 54.53% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -303.68 (%).Trend:Increase 2.5% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -366.72 (%).Trend:Increase 20.76% than previous quarter

Overall: decreasing (23.77%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial reports reveal significant volatility in various financial efficiency metrics during Q1-Q3 2021.  Liabilities and current assets on revenue experienced substantial decreases, implying a potential improvement in liquidity management. However, the substantial swings in these metrics raise concerns about the stability of the company's working capital. The ratio of retained earnings to revenue showed a contrasting increase, but with exceptionally high variation. Selling, general, and administrative (SG&A) expenses exhibited a more moderate decreasing trend. Investment efficiency, as measured by retained earnings on assets, also demonstrated a considerable downward trend, but with a higher degree of fluctuation.