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 83.27 (%).Trend:Increase 196.02% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 41.65 (%).Trend:Decrease 49.98% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.43 (%).Trend:Decrease 41.34% than previous quarter

Overall: decreasing (-70.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 29.9 (%).Trend:Increase 79.36% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 14.6 (%).Trend:Decrease 51.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 8.33 (%).Trend:Decrease 42.95% than previous quarter

Overall: decreasing (-72.14%). 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 -427.79 (%).Trend:Increase 205.5% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -192.43 (%).Trend:Decrease 55.02% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -122.91 (%).Trend:Decrease 36.13% than previous quarter

Overall: increasing (-71.27%). 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 -123.68 (%).Trend:Increase 25.21% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -127.42 (%).Trend:Increase 3.02% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -132.72 (%).Trend:Increase 4.16% than previous quarter

Overall: decreasing (7.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.56 (USD).Trend:Decrease 72.82% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.68 (USD).Trend:Increase 21.43% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.78 (USD).Trend:Increase 14.71% than previous quarter

Overall: decreasing (39.29%). Fluctuation: **Significant** (high variation).



Financial statements indicate high volatility in working capital efficiency, with liabilities on revenue and current assets on revenue both displaying substantial quarter-to-quarter shifts and an overall decline.  Cost efficiency displays a complex pattern, increasing (in negative percentage terms) in the retained earnings-to-revenue ratio but with significant variations between periods. Investment efficiency shows a consistent decrease with a high degree of volatility.  Earnings per share are consistently negative, and are decreasing overall, with large variations from one quarter to the next.