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 61.05 (%).Trend:Increase 63.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.53 (%).Trend:Decrease 45.08% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.63 (%).Trend:Decrease 35.49% than previous quarter

Overall: decreasing (-64.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 274.89 (%).Trend:Increase 8.41% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 139.83 (%).Trend:Decrease 49.13% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 103.38 (%).Trend:Decrease 26.07% than previous quarter

Overall: decreasing (-62.39%). 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 320.02 (%).Trend:Decrease 9.49% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 162.09 (%).Trend:Decrease 49.35% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 117.48 (%).Trend:Decrease 27.52% than previous quarter

Overall: decreasing (-63.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.04 (%).Trend:Decrease 71.15% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.41 (%).Trend:Increase 11.83% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.35 (%).Trend:Increase 8.66% than previous quarter

Overall: increasing (21.51%). Fluctuation: **Little** (low 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 45.13 (%).Trend:Decrease 5.49% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 44.31 (%).Trend:Decrease 1.82% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 44.9 (%).Trend:Increase 1.33% than previous quarter

Overall: decreasing (-0.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 92.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.61 (USD).Trend:Increase 662.5% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.67 (USD).Trend:Increase 9.84% than previous quarter

Overall: decreasing (737.5%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 reveals a mixed picture. Working capital efficiency metrics, specifically liabilities and current assets on revenue, are decreasing significantly, indicating potential short-term operational challenges. Cost efficiency, as measured by the ratio of retained earnings to revenue, also sees a significant decline with high volatility.  Investment efficiency remains stable, with a slight downward trend in retained earnings on assets.  A notable increase occurs in SG&A expense ratio, while earning per share shows significant fluctuations and losses.