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 64.13 (%).Trend:Increase 249.29% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.25 (%).Trend:Decrease 45.03% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.35 (%).Trend:Decrease 36.6% than previous quarter

Overall: decreasing (-65.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 93.05 (%).Trend:Increase 188.26% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 49.19 (%).Trend:Decrease 47.14% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 33.37 (%).Trend:Decrease 32.16% than previous quarter

Overall: decreasing (-64.14%). 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 -277.06 (%).Trend:Increase 99.67% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -134.18 (%).Trend:Decrease 51.57% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -87.96 (%).Trend:Decrease 34.45% than previous quarter

Overall: increasing (-68.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.14 (%).Trend:Decrease 32.03% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.96 (%).Trend:Increase 6.75% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.38 (%).Trend:Increase 3.24% than previous quarter

Overall: increasing (10.21%). 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 -89.7 (%).Trend:Decrease 22.98% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -85.5 (%).Trend:Decrease 4.68% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -84.43 (%).Trend:Decrease 1.25% than previous quarter

Overall: increasing (-5.88%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.06 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 66.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.12 (USD).Trend:Increase 20.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



The provided financial statements show a decrease in liabilities and current assets relative to revenue during Q1 to Q3 2021.  This indicates potential issues with working capital management.  The ratio of retained earnings to revenue is increasing, but with high fluctuation. SG&A expense ratios exhibit slight increases.  Investment efficiency (measured by retained earnings on assets) displays significant variance. Earnings per share increased steadily throughout the period.  Overall, the data suggests significant volatility in several key financial areas.