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 147.85 (%).Trend:Decrease 37.71% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 120.4 (%).Trend:Decrease 18.57% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 90.54 (%).Trend:Decrease 24.8% than previous quarter

Overall: decreasing (-38.76%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 716.9 (%).Trend:Increase 68.13% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 120.58 (%).Trend:Decrease 83.18% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 98.79 (%).Trend:Decrease 18.07% than previous quarter

Overall: decreasing (-86.22%). 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 -2182.31 (%).Trend:Increase 157.06% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1076.07 (%).Trend:Decrease 50.69% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -686.21 (%).Trend:Decrease 36.23% than previous quarter

Overall: increasing (-68.56%). 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 -234.4 (%).Trend:Increase 41.51% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -477.59 (%).Trend:Increase 103.75% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -376.88 (%).Trend:Decrease 21.09% than previous quarter

Overall: decreasing (60.78%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2021 to Q3 2021 present a concerning picture of decreasing performance with high volatility.  Liabilities on revenue are declining, but current assets on revenue are experiencing a steep and erratic decrease. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits an increasing negative trend with significant fluctuations.  Investment efficiency, based on retained earnings on assets, is trending downward, marked by high variability.  These trends suggest a need for careful financial management to address these significant fluctuations and potentially underlying problems.