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 110.42 (%).Trend:Increase 49.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 101.04 (%).Trend:Decrease 8.49% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 125.96 (%).Trend:Increase 24.66% than previous quarter

Overall: increasing (14.07%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 66.9 (%).Trend:Increase 38.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 41.7 (%).Trend:Decrease 37.67% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.61 (%).Trend:Decrease 0.22% than previous quarter

Overall: decreasing (-37.8%). 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 376.97 (%).Trend:Increase 100.91% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 149.78 (%).Trend:Decrease 60.27% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 21.34 (%).Trend:Decrease 85.75% than previous quarter

Overall: decreasing (-94.34%). 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 19.37 (%).Trend:Increase 22.05% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.86 (%).Trend:Decrease 23.28% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 3.64 (%).Trend:Decrease 75.5% than previous quarter

Overall: decreasing (-81.21%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.45 (USD).Trend:Decrease 112.64% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.16 (USD).Trend:Decrease 357.78% than previous quarter
Year 2021 Quarter 3: Earning Per Share -5.17 (USD).Trend:Increase 345.69% than previous quarter

Overall: decreasing (-1248.89%). Fluctuation: **Significant** (high variation).



Financial analysis of the provided data shows several concerning trends.  Liabilities on revenue are moderately increasing but current assets on revenue are significantly decreasing. Cost efficiency, particularly the ratio of retained earnings to revenue, is severely declining, a major red flag.  Investment efficiency, measured by retained earnings on assets, is also experiencing a significant drop. Earnings per share are decreasing dramatically and substantially.  This data suggests substantial and urgent financial concerns need immediate attention.