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 74.56 (%).Trend:Increase 193.43% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.52 (%).Trend:Decrease 49.68% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.43 (%).Trend:Decrease 37.55% than previous quarter

Overall: decreasing (-68.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 95.83 (%).Trend:Increase 199.84% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 50.79 (%).Trend:Decrease 47.0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 32.96 (%).Trend:Decrease 35.11% than previous quarter

Overall: decreasing (-65.61%). 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 -54.55 (%).Trend:Decrease 372.75% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -22.6 (%).Trend:Decrease 58.57% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -11.04 (%).Trend:Decrease 51.15% than previous quarter

Overall: increasing (-79.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -6.64 (%).Trend:Decrease 199.7% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.61 (%).Trend:Decrease 15.51% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -4.14 (%).Trend:Decrease 26.2% than previous quarter

Overall: increasing (-37.65%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 91.34% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.61 (USD).Trend:Increase 454.55% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.36 (USD).Trend:Increase 122.95% than previous quarter

Overall: increasing (1136.36%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 financial statements show significant fluctuation across key financial metrics.  Working capital efficiency (liabilities and current assets on revenue) is declining. Cost efficiency (ratio of retained earnings to revenue) shows a negative trend. Invest efficiency shows a decreasing trend in retained earnings on assets. Earnings per share show an increase with significant variation between quarters, suggesting instability.