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 92.03 (%).Trend:Increase 212.39% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.01 (%).Trend:Decrease 48.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 34.01 (%).Trend:Decrease 27.65% than previous quarter

Overall: decreasing (-63.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 221.23 (%).Trend:Increase 233.73% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.98 (%).Trend:Decrease 56.62% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 56.21 (%).Trend:Decrease 41.44% than previous quarter

Overall: decreasing (-74.59%). 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 29.4 (%).Trend:Increase 130.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 15.59 (%).Trend:Decrease 46.97% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 10.94 (%).Trend:Decrease 29.83% than previous quarter

Overall: decreasing (-62.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.82 (%).Trend:Decrease 11.94% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.41 (%).Trend:Increase 9.45% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.4 (%).Trend:Decrease 5.49% than previous quarter

Overall: increasing (3.45%). 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 7.32 (%).Trend:Decrease 15.18% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 7.93 (%).Trend:Increase 8.33% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.32 (%).Trend:Increase 17.53% than previous quarter

Overall: increasing (27.32%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -3.27 (USD).Trend:Increase 31.85% than previous quarter
Year 2021 Quarter 2: Earning Per Share -3.44 (USD).Trend:Increase 5.2% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.42 (USD).Trend:Decrease 29.65% than previous quarter

Overall: increasing (-25.99%). Fluctuation: **Significant** (high variation).



Financial statements for 2021 Q1-Q3 indicate significant fluctuations across key metrics.  Working capital efficiency metrics (liabilities and current assets on revenue) displayed significant decreases. Cost efficiency, measured by the ratio of retained earnings to revenue, also experienced a considerable decrease. However, the Selling, General & Administrative (SG&A) expense ratio exhibited minimal variation, with slight increases and decreases. Investment efficiency showed a positive trend, with retained earnings on assets increasing moderately. Earnings per share displayed considerable volatility.