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 54.88 (%).Trend:Increase 185.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 21.39 (%).Trend:Decrease 61.02% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 17.99 (%).Trend:Decrease 15.9% than previous quarter

Overall: decreasing (-67.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 258.11 (%).Trend:Increase 165.76% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 122.84 (%).Trend:Decrease 52.41% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 84.46 (%).Trend:Decrease 31.24% than previous quarter

Overall: decreasing (-67.28%). 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 -32.9 (%).Trend:Increase 185.1% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -15.7 (%).Trend:Decrease 52.28% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -9.21 (%).Trend:Decrease 41.34% than previous quarter

Overall: increasing (-72.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.47 (%).Trend:Decrease 5.67% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.81 (%).Trend:Increase 2.73% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.82 (%).Trend:Increase 0.08% than previous quarter

Overall: increasing (2.81%). 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 -7.66 (%).Trend:Increase 5.66% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -7.57 (%).Trend:Decrease 1.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -6.63 (%).Trend:Decrease 12.42% than previous quarter

Overall: increasing (-13.45%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance in 2021 Q1-Q3 reveals significant volatility. Working capital efficiency, measured by liabilities and current assets on revenue, fluctuated wildly, experiencing substantial increases and decreases. Cost efficiency shows a significant increase in the ratio of retained earnings to revenue, despite significant quarter-to-quarter variations.  Selling, general, and administrative (SG&A) expense ratio, however, experienced minimal fluctuation, increasing slightly overall.  Investment efficiency, as measured by retained earnings on assets, also displays significant swings.