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 278.67 (%).Trend:Increase 91.08% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 139.32 (%).Trend:Decrease 50.01% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 131.49 (%).Trend:Decrease 5.62% than previous quarter

Overall: decreasing (-52.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 1391.08 (%).Trend:Increase 79.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 684.51 (%).Trend:Decrease 50.79% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 576.06 (%).Trend:Decrease 15.84% than previous quarter

Overall: decreasing (-58.59%). 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 -2695.14 (%).Trend:Increase 104.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1249.68 (%).Trend:Decrease 53.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -1115.3 (%).Trend:Decrease 10.75% than previous quarter

Overall: increasing (-58.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 82.71 (%).Trend:Decrease 35.48% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 73.39 (%).Trend:Decrease 11.27% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 93.5 (%).Trend:Increase 27.4% than previous quarter

Overall: increasing (13.05%). Fluctuation: **Neutral** (moderate 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 -147.01 (%).Trend:Increase 11.98% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -141.77 (%).Trend:Decrease 3.56% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -149.17 (%).Trend:Increase 5.22% than previous quarter

Overall: decreasing (1.47%). Fluctuation: **Significant** (high variation).

Earning Per Share


Significant fluctuations characterize the three quarters of 2021. Liabilities on revenue and current assets on revenue decreased substantially, indicating potential working capital issues. The ratio of retained earnings to revenue shows significant volatility, needing further investigation. SG&A expenses show moderate fluctuation, while retained earnings on assets also exhibit significant variation.