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 109.32 (%).Trend:Increase 208.47% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 60.23 (%).Trend:Decrease 44.9% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 41.71 (%).Trend:Decrease 30.75% than previous quarter

Overall: decreasing (-61.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 794.51 (%).Trend:Increase 223.59% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 391.28 (%).Trend:Decrease 50.75% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 254.55 (%).Trend:Decrease 34.94% than previous quarter

Overall: decreasing (-67.96%). 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 81.13 (%).Trend:Increase 225.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 25.78 (%).Trend:Decrease 68.22% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -5.12 (%).Trend:Decrease 119.86% than previous quarter

Overall: decreasing (-106.31%). 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 5.89 (%).Trend:Increase 4.8% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 3.86 (%).Trend:Decrease 34.47% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -1.17 (%).Trend:Decrease 130.31% than previous quarter

Overall: decreasing (-119.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.24 (USD).Trend:Decrease 70.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.34 (USD).Trend:Increase 41.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.78 (USD).Trend:Increase 129.41% than previous quarter

Overall: decreasing (225.0%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2021 to Q3 2021 shows significant decreases across key metrics, all characterized by substantial fluctuations.  Liabilities and current assets on revenue experienced notable declines, as did the Ratio of Retained Earnings to Revenue and Retained Earning on Assets.  Earning Per Share also decreased dramatically.  This overall negative trend and significant volatility warrant a thorough investigation.