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 126.11 (%).Trend:Increase 190.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 61.07 (%).Trend:Decrease 51.57% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 41.49 (%).Trend:Decrease 32.06% than previous quarter

Overall: decreasing (-67.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 211.07 (%).Trend:Increase 80.56% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.58 (%).Trend:Decrease 58.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 60.51 (%).Trend:Decrease 31.69% than previous quarter

Overall: decreasing (-71.33%). 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 -105.71 (%).Trend:Increase 142.29% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -66.08 (%).Trend:Decrease 37.49% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -54.98 (%).Trend:Decrease 16.8% than previous quarter

Overall: increasing (-47.99%). 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 -18.0 (%).Trend:Increase 2.8% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -24.56 (%).Trend:Increase 36.44% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -32.06 (%).Trend:Increase 30.54% than previous quarter

Overall: decreasing (78.11%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q1 2021 to Q3 2021 reveals significant volatility across key metrics. Liabilities and current assets on revenue declined significantly. The ratio of retained earnings to revenue showed a slight positive trend, but with substantial quarterly variations.  Invest efficiency, measured by retained earnings on assets, showed a consistent negative trend with volatility.