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 131.86 (%).Trend:Increase 227.03% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64.26 (%).Trend:Decrease 51.27% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 42.1 (%).Trend:Decrease 34.48% than previous quarter

Overall: decreasing (-68.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 185.56 (%).Trend:Increase 271.19% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 94.08 (%).Trend:Decrease 49.3% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.22 (%).Trend:Decrease 33.86% than previous quarter

Overall: decreasing (-66.47%). 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 -55.32 (%).Trend:Increase 251.02% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -24.57 (%).Trend:Decrease 55.59% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -14.16 (%).Trend:Decrease 42.37% than previous quarter

Overall: increasing (-74.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.7 (%).Trend:Increase 9.47% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.45 (%).Trend:Decrease 6.76% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.39 (%).Trend:Decrease 1.74% than previous quarter

Overall: decreasing (-8.38%). 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 -20.17 (%).Trend:Decrease 3.35% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -18.25 (%).Trend:Decrease 9.52% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -16.14 (%).Trend:Decrease 11.56% than previous quarter

Overall: increasing (-19.98%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.1 (USD).Trend:Increase 25.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.33 (USD).Trend:Increase 230.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.75 (USD).Trend:Increase 127.27% than previous quarter

Overall: increasing (650.0%). Fluctuation: **Significant** (high variation).



Financial statement responses indicate significant volatility in key financial metrics for Q1-Q3 2021.  Fluctuations in liabilities and current assets on revenue underscore instability in working capital. The SG&A expense ratio shows stability, while the retained earnings to revenue and investment efficiency ratios display large quarterly variations and are trending inconsistently. Earnings per share demonstrate a strong upward trend, yet require thorough examination of the quarterly fluctuations for potential outliers or external factors impacting results.