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 165.39 (%).Trend:Increase 177.45% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 92.9 (%).Trend:Decrease 43.83% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 67.51 (%).Trend:Decrease 27.33% than previous quarter

Overall: decreasing (-59.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 413.51 (%).Trend:Increase 141.02% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 217.13 (%).Trend:Decrease 47.49% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 131.14 (%).Trend:Decrease 39.6% than previous quarter

Overall: decreasing (-68.29%). 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 -205.36 (%).Trend:Increase 181.74% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -120.04 (%).Trend:Decrease 41.55% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -87.67 (%).Trend:Decrease 26.97% than previous quarter

Overall: increasing (-57.31%). 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 -36.45 (%).Trend:Increase 10.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -41.77 (%).Trend:Increase 14.6% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -46.86 (%).Trend:Increase 12.19% than previous quarter

Overall: decreasing (28.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.19 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.53 (USD).Trend:Increase 178.95% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.89 (USD).Trend:Increase 67.92% than previous quarter

Overall: decreasing (368.42%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 data reveals significant fluctuations and overall negative trends. Liabilities on revenue decreased by 59.18%, and current assets on revenue decreased by 68.29%.  However, the ratio of retained earnings to revenue increased by -57.31% (meaning a decrease in negative percentage). Retained earnings on assets decreased by 28.56%, and earnings per share decreased by 368.42%, demonstrating substantial volatility across all metrics.