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 230.77 (%).Trend:Increase 230.9% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 110.77 (%).Trend:Decrease 52.0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 67.48 (%).Trend:Decrease 39.08% than previous quarter

Overall: decreasing (-70.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 204.03 (%).Trend:Increase 226.4% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 83.97 (%).Trend:Decrease 58.84% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 52.52 (%).Trend:Decrease 37.45% than previous quarter

Overall: decreasing (-74.26%). 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 379.9 (%).Trend:Increase 131.55% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 67.49 (%).Trend:Decrease 82.23% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 34.93 (%).Trend:Decrease 48.24% than previous quarter

Overall: decreasing (-90.81%). 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 19.11 (%).Trend:Decrease 74.24% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 6.38 (%).Trend:Decrease 66.61% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 4.4 (%).Trend:Decrease 31.03% than previous quarter

Overall: decreasing (-76.98%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -11.4 (USD).Trend:Increase 1040.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -42.22 (USD).Trend:Increase 270.35% than previous quarter
Year 2021 Quarter 3: Earning Per Share -45.47 (USD).Trend:Increase 7.7% than previous quarter

Overall: decreasing (298.86%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 shows continued volatility. Liabilities and current assets on revenue both decreased overall during this period, but with significant quarter-to-quarter variation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, saw a significant overall decrease. Investment efficiency, as indicated by retained earnings on assets, experienced a substantial decline. Earnings per share also decreased substantially, indicating ongoing challenges. The high volatility demands careful examination to ascertain the contributing factors.