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 196.03 (%).Trend:Increase 190.41% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 88.31 (%).Trend:Decrease 54.95% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 57.35 (%).Trend:Decrease 35.06% than previous quarter

Overall: decreasing (-70.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 529.14 (%).Trend:Increase 158.56% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 214.04 (%).Trend:Decrease 59.55% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 127.27 (%).Trend:Decrease 40.54% than previous quarter

Overall: decreasing (-75.95%). 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 -722.4 (%).Trend:Increase 314.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -350.27 (%).Trend:Decrease 51.51% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -240.5 (%).Trend:Decrease 31.34% than previous quarter

Overall: increasing (-66.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.88 (%).Trend:Decrease 8.97% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.76 (%).Trend:Decrease 2.81% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.61 (%).Trend:Decrease 2.97% than previous quarter

Overall: decreasing (-5.69%). 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 -40.59 (%).Trend:Increase 46.38% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -46.66 (%).Trend:Increase 14.95% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -52.5 (%).Trend:Increase 12.52% than previous quarter

Overall: decreasing (29.34%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.84 (USD).Trend:Decrease 72.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.62 (USD).Trend:Increase 92.86% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.37 (USD).Trend:Increase 46.3% than previous quarter

Overall: decreasing (182.14%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 reveals significant volatility. Working capital efficiency metrics show decreases in liabilities-to-revenue (-70.74%) and current assets-to-revenue (-75.95%). Cost efficiency metrics, specifically the ratio of retained earnings to revenue, show a trend of increasing negativity (-66.71%). SG&A expenses exhibit a modest decrease (-5.69%). Investment efficiency, measured by retained earnings on assets, also shows a negative trend (29.34%).  Earnings per share display a large negative trend and considerable variation (182.14%).  The high degree of volatility across all categories necessitates further analysis.