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 102.91 (%).Trend:Increase 227.11% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 60.9 (%).Trend:Decrease 40.82% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.29 (%).Trend:Decrease 50.26% than previous quarter

Overall: decreasing (-70.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 534.57 (%).Trend:Increase 236.08% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 465.93 (%).Trend:Decrease 12.84% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 270.46 (%).Trend:Decrease 41.95% than previous quarter

Overall: decreasing (-49.41%). 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 -2210.31 (%).Trend:Increase 230.8% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1018.7 (%).Trend:Decrease 53.91% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -713.62 (%).Trend:Decrease 29.95% than previous quarter

Overall: increasing (-67.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 70.95 (%).Trend:Increase 50.48% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 72.52 (%).Trend:Increase 2.21% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 77.55 (%).Trend:Increase 6.94% than previous quarter

Overall: increasing (9.3%). 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 -252.06 (%).Trend:Increase 4.09% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -159.13 (%).Trend:Decrease 36.87% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -189.75 (%).Trend:Increase 19.24% than previous quarter

Overall: increasing (-24.72%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis for Q1-Q3 2021 indicates continuing volatility in financial metrics. Liabilities and current assets on revenue are decreasing, yet with significant swings. Cost efficiency, as measured by retained earnings to revenue and SG&A expense ratio, exhibits some increase, but with high volatility. Investment efficiency, again, shows a mix of increases and decreases.