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 159.1 (%).Trend:Increase 139.46% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64.01 (%).Trend:Decrease 59.77% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 43.37 (%).Trend:Decrease 32.24% than previous quarter

Overall: decreasing (-72.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 232.62 (%).Trend:Increase 146.16% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 124.18 (%).Trend:Decrease 46.62% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 84.13 (%).Trend:Decrease 32.25% than previous quarter

Overall: decreasing (-63.83%). 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 -811.7 (%).Trend:Increase 149.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -367.62 (%).Trend:Decrease 54.71% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -255.02 (%).Trend:Decrease 30.63% than previous quarter

Overall: increasing (-68.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.05 (%).Trend:Decrease 7.14% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.98 (%).Trend:Decrease 16.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.16 (%).Trend:Increase 5.91% than previous quarter

Overall: decreasing (-12.02%). 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 -234.51 (%).Trend:Increase 4.86% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -205.11 (%).Trend:Decrease 12.54% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -185.69 (%).Trend:Decrease 9.47% than previous quarter

Overall: increasing (-20.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.22 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.18 (USD).Trend:Decrease 18.18% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.05 (USD).Trend:Decrease 72.22% than previous quarter

Overall: increasing (-77.27%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2021 to Q3 2021 points to considerable instability in financial performance.  Significant fluctuations are evident in working capital efficiency metrics, with both liabilities and current assets on revenue showing decreasing trends, but with significant quarter-to-quarter variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, is increasing but with high variability.  The SG&A expense ratio is decreasing overall, with low quarter-to-quarter volatility.  Investment efficiency, gauged by retained earnings on assets, is also showing an increasing trend, albeit with high variability, as are earnings per share.