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 94.25 (%).Trend:Increase 218.2% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.84 (%).Trend:Decrease 48.18% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 38.69 (%).Trend:Decrease 20.78% than previous quarter

Overall: decreasing (-58.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 839.54 (%).Trend:Increase 221.84% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 440.44 (%).Trend:Decrease 47.54% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 296.09 (%).Trend:Decrease 32.77% than previous quarter

Overall: decreasing (-64.73%). 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 312.21 (%).Trend:Increase 169.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 148.77 (%).Trend:Decrease 52.35% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 86.28 (%).Trend:Decrease 42.0% than previous quarter

Overall: decreasing (-72.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.59 (%).Trend:Increase 7.33% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.66 (%).Trend:Increase 4.35% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.71 (%).Trend:Increase 0.19% than previous quarter

Overall: increasing (4.55%). 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 32.08 (%).Trend:Decrease 17.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 29.22 (%).Trend:Decrease 8.92% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.25 (%).Trend:Decrease 13.59% than previous quarter

Overall: decreasing (-21.29%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.45 (USD).Trend:Decrease 53.61% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.88 (USD).Trend:Increase 95.56% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.37 (USD).Trend:Increase 55.68% than previous quarter

Overall: decreasing (204.44%). Fluctuation: **Significant** (high variation).



The review of Q1 2021 to Q3 2021 financial data shows significant fluctuations.  Liabilities and current assets on revenue decreased overall, with substantial quarter-to-quarter variations.  The ratio of retained earnings to revenue also decreased significantly, whereas the SG&A expense ratio increased slightly. Retained earnings on assets also decreased. Earnings per share decreased significantly, showcasing volatility.