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 102.99 (%).Trend:Increase 181.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49.7 (%).Trend:Decrease 51.74% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 36.39 (%).Trend:Decrease 26.78% than previous quarter

Overall: decreasing (-64.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 587.97 (%).Trend:Increase 226.23% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 269.72 (%).Trend:Decrease 54.13% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 192.2 (%).Trend:Decrease 28.74% than previous quarter

Overall: decreasing (-67.31%). 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 -7509.72 (%).Trend:Increase 253.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -3203.18 (%).Trend:Decrease 57.35% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -2373.48 (%).Trend:Decrease 25.9% than previous quarter

Overall: increasing (-68.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 76.3 (%).Trend:Decrease 0.13% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 66.62 (%).Trend:Decrease 12.69% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 72.01 (%).Trend:Increase 8.09% than previous quarter

Overall: decreasing (-5.62%). 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 -452.28 (%).Trend:Decrease 14.66% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -462.22 (%).Trend:Increase 2.2% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -501.6 (%).Trend:Increase 8.52% than previous quarter

Overall: decreasing (10.9%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.09 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.19 (USD).Trend:Increase 111.11% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.34 (USD).Trend:Increase 78.95% than previous quarter

Overall: decreasing (277.78%). Fluctuation: **Significant** (high variation).



Over Q1 2021-Q3 2021, significant volatility is apparent.  Both liabilities on revenue and current assets on revenue decreased considerably.  The ratio of retained earnings to revenue improved (despite remaining negative) significantly, whereas the SG&A expense ratio showed a minor decline. Retained earnings on assets decreased substantially, and earnings per share decreased dramatically, suggesting a need for further analysis.