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 125.07 (%).Trend:Increase 193.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.4 (%).Trend:Decrease 55.7% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 41.72 (%).Trend:Decrease 24.69% than previous quarter

Overall: decreasing (-66.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 962.53 (%).Trend:Increase 349.07% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 396.45 (%).Trend:Decrease 58.81% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 216.95 (%).Trend:Decrease 45.28% than previous quarter

Overall: decreasing (-77.46%). 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 -2082.34 (%).Trend:Increase 175.87% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -873.29 (%).Trend:Decrease 58.06% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -470.4 (%).Trend:Decrease 46.13% than previous quarter

Overall: increasing (-77.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 63.21 (%).Trend:Increase 15.39% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 55.64 (%).Trend:Decrease 11.98% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.85 (%).Trend:Decrease 15.8% than previous quarter

Overall: decreasing (-25.88%). 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 -176.97 (%).Trend:Decrease 32.62% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -178.87 (%).Trend:Increase 1.07% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -165.9 (%).Trend:Decrease 7.25% than previous quarter

Overall: increasing (-6.26%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 58.82% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.21 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.17 (USD).Trend:Decrease 19.05% than previous quarter

Overall: decreasing (21.43%). Fluctuation: **Significant** (high variation).



The data (Q1-Q3 2021) reveals significant volatility.  Liabilities and current assets on revenue decreased sharply (-66.64% and -77.46%), suggesting potential cash flow problems.  Cost efficiency shows mixed results:  a declining SG&A ratio is positive, but the ratio of retained earnings to revenue remains deeply negative and fluctuates dramatically.  Investment efficiency indicators (Retained Earnings on Assets and EPS) are negative and highly variable.