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 214.78 (%).Trend:Increase 116.03% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 327.5 (%).Trend:Increase 52.48% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 200.8 (%).Trend:Decrease 38.69% than previous quarter

Overall: decreasing (-6.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 601.13 (%).Trend:Increase 379.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 245.3 (%).Trend:Decrease 59.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 161.01 (%).Trend:Decrease 34.36% than previous quarter

Overall: decreasing (-73.22%). 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 -293.22 (%).Trend:Increase 185.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -140.93 (%).Trend:Decrease 51.94% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -74.07 (%).Trend:Decrease 47.44% than previous quarter

Overall: increasing (-74.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.54 (%).Trend:Increase 21.3% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.28 (%).Trend:Decrease 18.69% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.67 (%).Trend:Decrease 18.89% than previous quarter

Overall: decreasing (-34.05%). Fluctuation: **Neutral** (moderate 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 -14.6 (%).Trend:Decrease 11.03% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -4.28 (%).Trend:Decrease 70.68% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -4.25 (%).Trend:Decrease 0.7% than previous quarter

Overall: increasing (-70.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.21 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.23 (USD).Trend:Increase 9.52% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.27 (USD).Trend:Increase 17.39% than previous quarter

Overall: decreasing (28.57%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 show significant fluctuations. Liabilities on revenue decreased slightly (-6.51%), while current assets on revenue experienced a substantial decrease (-73.22%).  Cost efficiency shows substantial variations in the ratio of retained earnings to revenue, declining substantially (-74.74%). SG&A expense ratio decreased steadily (-34.05%), and investment efficiency revealed a substantial negative change (-70.89%) in retained earnings on assets.  Earning per share also decreased significantly (28.57%), further highlighting the volatility of the period.