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 35.58 (%).Trend:Increase 170.36% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 16.91 (%).Trend:Decrease 52.47% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 11.22 (%).Trend:Decrease 33.65% than previous quarter

Overall: decreasing (-68.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 59.05 (%).Trend:Increase 198.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 26.91 (%).Trend:Decrease 54.43% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 17.77 (%).Trend:Decrease 33.97% than previous quarter

Overall: decreasing (-69.91%). 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 12.4 (%).Trend:Increase 196.65% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 6.54 (%).Trend:Decrease 47.26% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 4.63 (%).Trend:Decrease 29.2% than previous quarter

Overall: decreasing (-62.66%). 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 10.63 (%).Trend:Increase 4.11% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.83 (%).Trend:Increase 11.29% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 12.43 (%).Trend:Increase 5.07% than previous quarter

Overall: increasing (16.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 99.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.04 (USD).Trend:Decrease 5300.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.9 (USD).Trend:Increase 82.69% than previous quarter

Overall: increasing (-9600.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2021 to Q3 2021 demonstrates a downward trend for several key metrics. Working capital efficiency (liabilities and current assets on revenue) exhibits decreasing trends, marked by volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows a downward trend. Investment efficiency (retained earnings on assets) displays a consistent positive increase. Earnings per share, however, reveal a fluctuating movement from negative to positive values.  These trends warrant further analysis.