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 143.03 (%).Trend:Increase 108.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 90.99 (%).Trend:Decrease 36.38% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 58.78 (%).Trend:Decrease 35.4% than previous quarter

Overall: decreasing (-58.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 166.82 (%).Trend:Increase 80.13% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 110.69 (%).Trend:Decrease 33.65% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 69.22 (%).Trend:Decrease 37.46% than previous quarter

Overall: decreasing (-58.51%). 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 -1345.74 (%).Trend:Increase 75.57% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -875.15 (%).Trend:Decrease 34.97% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -693.12 (%).Trend:Decrease 20.8% than previous quarter

Overall: increasing (-48.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.76 (%).Trend:Decrease 44.79% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 44.7 (%).Trend:Increase 55.42% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 47.44 (%).Trend:Increase 6.13% than previous quarter

Overall: increasing (64.95%). Fluctuation: **Neutral** (moderate 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 -510.75 (%).Trend:Increase 1.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -510.12 (%).Trend:Decrease 0.12% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -605.86 (%).Trend:Increase 18.77% than previous quarter

Overall: decreasing (18.62%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.41 (USD).Trend:Decrease 141.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.28 (USD).Trend:Decrease 31.71% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.82 (USD).Trend:Decrease 392.86% than previous quarter

Overall: decreasing (-300.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 reveals a period of significant instability. Working capital efficiency deteriorated sharply.  Cost efficiency, as measured by the ratio of retained earnings to revenue, declined substantially. Selling, general and administrative (SG&A) expenses exhibited an increase.  Investment efficiency and earning per share showed substantial decreases across the period.  This analysis suggests significant operational and financial challenges within the company, with large variations across multiple measures.