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 58.17 (%).Trend:Increase 153.35% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.27 (%).Trend:Decrease 46.24% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.03 (%).Trend:Decrease 23.15% than previous quarter

Overall: decreasing (-58.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 194.53 (%).Trend:Increase 170.67% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 100.73 (%).Trend:Decrease 48.22% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 69.21 (%).Trend:Decrease 31.29% than previous quarter

Overall: decreasing (-64.42%). 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 -255.1 (%).Trend:Increase 125.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -117.63 (%).Trend:Decrease 53.89% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -75.08 (%).Trend:Decrease 36.17% than previous quarter

Overall: increasing (-70.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.56 (%).Trend:Decrease 16.9% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.01 (%).Trend:Increase 6.15% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.55 (%).Trend:Increase 2.16% than previous quarter

Overall: increasing (8.45%). 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 -31.35 (%).Trend:Decrease 9.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -28.79 (%).Trend:Decrease 8.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -25.39 (%).Trend:Decrease 11.81% than previous quarter

Overall: increasing (-19.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.33 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.66 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.81 (USD).Trend:Increase 22.73% than previous quarter

Overall: increasing (145.45%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 show significant volatility across various metrics. Liabilities on revenue decreased significantly. Current assets on revenue followed a similar pattern of substantial fluctuation. The retained earnings to revenue ratio exhibited substantial variation, while the SG&A expense ratio remained relatively stable.  Invest efficiency and earnings per share both demonstrated substantial fluctuation.  The overall picture suggests a period of substantial volatility in financial performance.