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 85.5 (%).Trend:Increase 293.47% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.61 (%).Trend:Decrease 61.86% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.35 (%).Trend:Decrease 13.06% than previous quarter

Overall: decreasing (-66.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 161.71 (%).Trend:Increase 192.42% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 83.32 (%).Trend:Decrease 48.48% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 53.18 (%).Trend:Decrease 36.17% than previous quarter

Overall: decreasing (-67.11%). 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 227.2 (%).Trend:Increase 157.04% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 112.62 (%).Trend:Decrease 50.43% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 75.44 (%).Trend:Decrease 33.01% than previous quarter

Overall: decreasing (-66.8%). 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 53.9 (%).Trend:Decrease 10.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 53.56 (%).Trend:Decrease 0.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 55.5 (%).Trend:Increase 3.62% than previous quarter

Overall: increasing (2.97%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -3.66 (USD).Trend:Decrease 205.48% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.01 (USD).Trend:Decrease 72.4% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.74 (USD).Trend:Decrease 173.27% than previous quarter

Overall: increasing (-120.22%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 financial data exhibits a downward trend in most key metrics.  Working capital efficiency (liabilities and current assets on revenue) declined significantly, with high volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, also decreased noticeably.  In contrast, investment efficiency showed a modest increase with minimal fluctuation. Earnings per share experienced a considerable decrease overall, and with substantial quarter-to-quarter variations.