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 131.65 (%).Trend:Increase 166.61% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 63.74 (%).Trend:Decrease 51.58% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 44.69 (%).Trend:Decrease 29.89% than previous quarter

Overall: decreasing (-66.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 529.47 (%).Trend:Increase 223.64% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 206.32 (%).Trend:Decrease 61.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 137.42 (%).Trend:Decrease 33.39% than previous quarter

Overall: decreasing (-74.05%). 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 -349.16 (%).Trend:Increase 198.73% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -182.0 (%).Trend:Decrease 47.87% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -127.73 (%).Trend:Decrease 29.82% than previous quarter

Overall: increasing (-63.42%). 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 -28.64 (%).Trend:Increase 7.87% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -31.58 (%).Trend:Increase 10.27% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -33.96 (%).Trend:Increase 7.54% than previous quarter

Overall: decreasing (18.58%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial data from Q1-Q3 2021 shows significant volatility in working capital efficiency, with both liabilities and current assets on revenue decreasing substantially.  Cost efficiency, as measured by the ratio of retained earnings to revenue, improved overall despite fluctuations. Investment efficiency, indicated by retained earnings on assets, worsened.  Further investigation is needed to understand these trends.