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 125.07 (%).Trend:Increase 193.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.4 (%).Trend:Decrease 55.7% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 41.72 (%).Trend:Decrease 24.69% than previous quarter

Overall: decreasing (-66.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 962.53 (%).Trend:Increase 349.07% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 396.45 (%).Trend:Decrease 58.81% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 216.95 (%).Trend:Decrease 45.28% than previous quarter

Overall: decreasing (-77.46%). 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 -2082.34 (%).Trend:Increase 175.87% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -873.29 (%).Trend:Decrease 58.06% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -470.4 (%).Trend:Decrease 46.13% than previous quarter

Overall: increasing (-77.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 63.21 (%).Trend:Increase 15.39% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 55.64 (%).Trend:Decrease 11.98% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.85 (%).Trend:Decrease 15.8% than previous quarter

Overall: decreasing (-25.88%). 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 -176.97 (%).Trend:Decrease 32.62% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -178.87 (%).Trend:Increase 1.07% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -165.9 (%).Trend:Decrease 7.25% than previous quarter

Overall: increasing (-6.26%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 58.82% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.21 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.17 (USD).Trend:Decrease 19.05% than previous quarter

Overall: decreasing (21.43%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 data reveals significant financial instability.  Working capital efficiency is severely impaired by substantial declines in both liabilities and current assets on revenue (-66.64% and -77.46% respectively). Cost efficiency is questionable, despite a moderate improvement in SG&A expenses; retained earnings remain deeply negative and extremely volatile. Investment efficiency is poor; both retained earnings on assets and earnings per share are negative and highly unstable. Strategic intervention is necessary.