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 86.11 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.44 (%).Trend:Decrease 55.36% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 31.46 (%).Trend:Decrease 18.16% than previous quarter

Overall: decreasing (-63.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 295.09 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 139.2 (%).Trend:Decrease 52.83% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 94.59 (%).Trend:Decrease 32.05% than previous quarter

Overall: decreasing (-67.95%). 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 5.48 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 3.36 (%).Trend:Decrease 38.69% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 4.19 (%).Trend:Increase 24.7% than previous quarter

Overall: decreasing (-23.54%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.42 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.08 (%).Trend:Decrease 12.05% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.92 (%).Trend:Decrease 6.79% than previous quarter

Overall: decreasing (-18.02%). Fluctuation: **Neutral** (moderate 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 0.85 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 1.13 (%).Trend:Increase 32.94% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 2.14 (%).Trend:Increase 89.38% than previous quarter

Overall: increasing (151.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.16 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.09 (USD).Trend:Decrease 43.75% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.22 (USD).Trend:Decrease 344.44% than previous quarter

Overall: increasing (-237.5%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 data reveals significant downward trends in liabilities and current assets relative to revenue (-63.47% and -67.95% respectively).  Ratio of retained earnings to revenue and SG&A expense ratio show moderate decreases (-23.54% and -18.02%).  Retained earnings on assets significantly increased (151.76%), while earnings per share showed significant and volatile growth (-237.5%).