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 111.32 (%).Trend:Increase 176.23% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.58 (%).Trend:Decrease 50.07% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.01 (%).Trend:Decrease 33.41% than previous quarter

Overall: decreasing (-66.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 314.72 (%).Trend:Increase 270.39% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 152.52 (%).Trend:Decrease 51.54% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 99.17 (%).Trend:Decrease 34.98% than previous quarter

Overall: decreasing (-68.49%). 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 -231.7 (%).Trend:Increase 165.01% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -107.55 (%).Trend:Decrease 53.58% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -69.99 (%).Trend:Decrease 34.92% than previous quarter

Overall: increasing (-69.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.36 (%).Trend:Decrease 7.9% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.83 (%).Trend:Decrease 8.81% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.54 (%).Trend:Decrease 1.83% than previous quarter

Overall: decreasing (-10.48%). 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 -41.24 (%).Trend:Decrease 21.39% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -38.98 (%).Trend:Decrease 5.48% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -38.44 (%).Trend:Decrease 1.39% than previous quarter

Overall: increasing (-6.79%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.17 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.33 (USD).Trend:Increase 94.12% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.4 (USD).Trend:Increase 21.21% than previous quarter

Overall: increasing (135.29%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 show considerable volatility in most financial metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, is decreasing with high variation.  Cost efficiency, indicated by the retained earnings to revenue ratio, increases with substantial variation.  Selling, general, and administrative (SG&A) expenses demonstrate a downward trend.  Investment efficiency shows an upward trend but with notable fluctuations.  Earnings per share increase significantly.