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 66.74 (%).Trend:Increase 158.28% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.87 (%).Trend:Decrease 46.25% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.43 (%).Trend:Decrease 26.32% than previous quarter

Overall: decreasing (-60.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 61.69 (%).Trend:Increase 177.01% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 32.46 (%).Trend:Decrease 47.38% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 23.44 (%).Trend:Decrease 27.79% than previous quarter

Overall: decreasing (-62.0%). 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 -88.9 (%).Trend:Increase 131.69% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -44.63 (%).Trend:Decrease 49.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -29.95 (%).Trend:Decrease 32.89% than previous quarter

Overall: increasing (-66.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.03 (%).Trend:Decrease 4.37% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.67 (%).Trend:Increase 3.36% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.15 (%).Trend:Increase 2.44% than previous quarter

Overall: increasing (5.89%). 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 -99.98 (%).Trend:Decrease 16.1% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -94.88 (%).Trend:Decrease 5.1% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -88.69 (%).Trend:Decrease 6.52% than previous quarter

Overall: increasing (-11.29%). 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 0.05 (USD).Trend:Decrease 44.44% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.02 (USD).Trend:Decrease 140.0% than previous quarter

Overall: decreasing (-122.22%). Fluctuation: **Significant** (high variation).



The provided data (Q1 2021-Q3 2021) indicates significant fluctuations in several key financial metrics. Liabilities and current assets on revenue decreased sharply (-60.4% and -62.0%, respectively). The ratio of retained earnings to revenue improved (though remained negative), while SG&A expenses increased only slightly. Retained earnings on assets improved, yet earnings per share declined drastically (-122.22%).