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 155.0 (%).Trend:Increase 114.33% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 80.16 (%).Trend:Decrease 48.28% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 54.72 (%).Trend:Decrease 31.74% than previous quarter

Overall: decreasing (-64.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 257.4 (%).Trend:Increase 117.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 120.91 (%).Trend:Decrease 53.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 75.79 (%).Trend:Decrease 37.32% than previous quarter

Overall: decreasing (-70.56%). 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 -49.49 (%).Trend:Increase 60.58% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -17.67 (%).Trend:Decrease 64.3% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -6.03 (%).Trend:Decrease 65.87% than previous quarter

Overall: increasing (-87.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.0 (%).Trend:Decrease 7.02% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.93 (%).Trend:Decrease 9.73% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.16 (%).Trend:Decrease 7.75% than previous quarter

Overall: decreasing (-16.73%). 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 -8.97 (%).Trend:Decrease 27.72% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -6.54 (%).Trend:Decrease 27.09% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -3.44 (%).Trend:Decrease 47.4% than previous quarter

Overall: increasing (-61.65%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q1 2021 to Q3 2021 showcases a substantial decrease in liabilities on revenue (-64.7%) and current assets on revenue (-70.56%), characterized by high fluctuation. Cost efficiency displays an overall increase in the (negative) ratio of retained earnings to revenue and a consistent decline in the SG&A expense ratio. Investment efficiency (retained earnings on assets) indicates improvement, though remaining negative, with significant volatility.  The data highlights considerable instability.