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 208.24 (%).Trend:Increase 197.7% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 98.8 (%).Trend:Decrease 52.55% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 62.29 (%).Trend:Decrease 36.95% than previous quarter

Overall: decreasing (-70.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 330.11 (%).Trend:Increase 230.14% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 156.31 (%).Trend:Decrease 52.65% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 99.13 (%).Trend:Decrease 36.58% than previous quarter

Overall: decreasing (-69.97%). 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 -217.36 (%).Trend:Increase 212.07% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -105.42 (%).Trend:Decrease 51.5% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -69.61 (%).Trend:Decrease 33.97% than previous quarter

Overall: increasing (-67.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.28 (%).Trend:Increase 2.08% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.38 (%).Trend:Increase 0.81% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.23 (%).Trend:Decrease 1.21% than previous quarter

Overall: decreasing (-0.41%). 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 -28.22 (%).Trend:Decrease 0.53% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -28.53 (%).Trend:Increase 1.1% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -29.22 (%).Trend:Increase 2.42% than previous quarter

Overall: decreasing (3.54%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of the provided financial statements reveals significant volatility in working capital efficiency, with significant fluctuations in liabilities and current assets on revenue.  Cost efficiency exhibits substantial variation in the ratio of retained earnings to revenue.  SG&A expense ratio, however, displays little fluctuation.  Investment efficiency is also volatile, as reflected in the retained earnings on assets.  A deeper investigation into the underlying factors driving these fluctuations is needed.