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 127.34 (%).Trend:Increase 95.1% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 95.81 (%).Trend:Decrease 24.76% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 88.97 (%).Trend:Decrease 7.14% than previous quarter

Overall: decreasing (-30.13%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 71.68 (%).Trend:Increase 179.13% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 32.87 (%).Trend:Decrease 54.14% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 25.9 (%).Trend:Decrease 21.2% than previous quarter

Overall: decreasing (-63.87%). 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 -24.45 (%).Trend:Increase 538.38% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -39.07 (%).Trend:Increase 59.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -46.85 (%).Trend:Increase 19.91% than previous quarter

Overall: decreasing (91.62%). 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 -1.76 (%).Trend:Increase 252.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.61 (%).Trend:Increase 218.75% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -11.46 (%).Trend:Increase 104.28% than previous quarter

Overall: decreasing (551.14%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.6 (USD).Trend:Decrease 22.08% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.39 (USD).Trend:Increase 131.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.66 (USD).Trend:Increase 91.37% than previous quarter

Overall: decreasing (343.33%). Fluctuation: **Significant** (high variation).



The provided financial data from Q1 2021 to Q3 2021 indicates a negative financial outlook. Liabilities on revenue are decreasing, but with notable quarter-to-quarter shifts. Current assets on revenue show a substantial, negative overall trend with significant variations. Cost efficiency, as represented by the ratio of retained earnings to revenue, demonstrates a steep decrease.  Investment efficiency is negatively impacted with significant variance, as seen in retained earning on assets. Earnings per share are declining across all quarters. These negative patterns and fluctuations warrant immediate attention to evaluate the underlying causes and mitigate potential financial risks.