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 144.12 (%).Trend:Increase 154.67% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 78.95 (%).Trend:Decrease 45.22% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 52.32 (%).Trend:Decrease 33.73% than previous quarter

Overall: decreasing (-63.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 626.03 (%).Trend:Increase 205.9% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 281.83 (%).Trend:Decrease 54.98% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 166.72 (%).Trend:Decrease 40.84% than previous quarter

Overall: decreasing (-73.37%). 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 -595.05 (%).Trend:Increase 165.46% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -323.34 (%).Trend:Decrease 45.66% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -221.95 (%).Trend:Decrease 31.36% than previous quarter

Overall: increasing (-62.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.14 (%).Trend:Decrease 8.46% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.99 (%).Trend:Decrease 2.61% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.08 (%).Trend:Decrease 4.44% than previous quarter

Overall: decreasing (-6.93%). 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 -70.78 (%).Trend:Decrease 8.93% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -82.7 (%).Trend:Increase 16.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -92.81 (%).Trend:Increase 12.22% than previous quarter

Overall: decreasing (31.12%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2021 to Q3 2021 illustrate a pattern of decreasing working capital efficiency and concerning fluctuating trends in various key metrics. Liabilities and current assets on revenue both show significant declines. Cost efficiency shows a significant increase in the ratio of retained earnings to revenue with significant fluctuation.  Selling, general, and administrative (SG&A) expense ratios display a modest decrease.  Investment efficiency reveals substantial variation in retained earnings on assets.