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 239.33 (%).Trend:Increase 438.67% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 131.89 (%).Trend:Decrease 44.89% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 88.89 (%).Trend:Decrease 32.6% than previous quarter

Overall: decreasing (-62.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 252.23 (%).Trend:Increase 135.88% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 141.68 (%).Trend:Decrease 43.83% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 148.07 (%).Trend:Increase 4.51% than previous quarter

Overall: decreasing (-41.3%). 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 -52.56 (%).Trend:Increase 85.2% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -34.28 (%).Trend:Decrease 34.78% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -25.73 (%).Trend:Decrease 24.94% than previous quarter

Overall: increasing (-51.05%). 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 -9.65 (%).Trend:Decrease 21.22% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -11.29 (%).Trend:Increase 16.99% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -9.93 (%).Trend:Decrease 12.05% than previous quarter

Overall: decreasing (2.9%). 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 0.01 (USD).Trend:Decrease 94.74% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.1 (USD).Trend:Decrease 1100.0% than previous quarter

Overall: decreasing (-152.63%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 shows significant fluctuations. Working capital efficiency, measured by liabilities and current assets on revenue, experienced large increases and decreases across the quarters.  Cost efficiency, using the ratio of retained earnings to revenue, exhibits a decreasing trend but with considerable quarterly volatility. Investment efficiency, using retained earnings on assets, also displays significant variation. Earnings per share fell significantly in Q2 and Q3.  Analyzing the root causes of these fluctuations is essential for future strategic decisions.