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 67.24 (%).Trend:Increase 164.72% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.54 (%).Trend:Decrease 51.61% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 19.85 (%).Trend:Decrease 39.0% than previous quarter

Overall: decreasing (-70.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 303.04 (%).Trend:Increase 179.27% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 140.86 (%).Trend:Decrease 53.52% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 87.96 (%).Trend:Decrease 37.56% than previous quarter

Overall: decreasing (-70.97%). 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 -253.74 (%).Trend:Increase 204.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -132.52 (%).Trend:Decrease 47.77% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -91.52 (%).Trend:Decrease 30.94% than previous quarter

Overall: increasing (-63.93%). 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 -51.87 (%).Trend:Increase 10.72% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -58.67 (%).Trend:Increase 13.11% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -64.32 (%).Trend:Increase 9.63% than previous quarter

Overall: decreasing (24.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 85.71% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.02 (USD).Trend:Decrease 75.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.22 (USD).Trend:Decrease 1200.0% than previous quarter

Overall: increasing (-375.0%). Fluctuation: **Significant** (high variation).



Quarterly financial data from Q1 2021 to Q3 2021 reveals significant fluctuations in working capital efficiency. Liabilities on revenue decreased by 70.48%, while current assets on revenue decreased by 70.97%.  The ratio of retained earnings to revenue trended upwards, albeit significantly varied.  Investment efficiency shows a declining trend in retained earnings on assets.  Earnings per share initially decreased but later showed a positive increase.  Fluctuation is a key characteristic across all reported metrics.