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 87.71 (%).Trend:Increase 202.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 43.68 (%).Trend:Decrease 50.2% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.53 (%).Trend:Decrease 32.39% than previous quarter

Overall: decreasing (-66.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 105.83 (%).Trend:Increase 116.38% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 52.6 (%).Trend:Decrease 50.3% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 35.64 (%).Trend:Decrease 32.24% than previous quarter

Overall: decreasing (-66.32%). 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 -13.4 (%).Trend:Increase 139.29% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -6.47 (%).Trend:Decrease 51.72% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -4.0 (%).Trend:Decrease 38.18% than previous quarter

Overall: increasing (-70.15%). 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 -2.76 (%).Trend:Decrease 16.36% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -2.62 (%).Trend:Decrease 5.07% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -2.49 (%).Trend:Decrease 4.96% than previous quarter

Overall: increasing (-9.78%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.18 (USD).Trend:Increase 500.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.3 (USD).Trend:Increase 66.67% than previous quarter

Overall: increasing (900.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency exhibited substantial fluctuation in Q1-Q3 2021. Liabilities on revenue decreased significantly (-66.33%), while current assets on revenue followed a similar trend (-66.32%). Cost efficiency, as reflected by the ratio of retained earnings to revenue, showed an increasing trend (-70.15%). Invest efficiency, as measured by retained earnings on assets, was also increasing, albeit slightly (-9.78%).  Earning per share increased markedly (900%). These financial metrics display substantial quarterly variations.