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 75.11 (%).Trend:Increase 208.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.66 (%).Trend:Decrease 52.52% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.14 (%).Trend:Decrease 26.7% than previous quarter

Overall: decreasing (-65.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 132.72 (%).Trend:Increase 176.44% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 66.14 (%).Trend:Decrease 50.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 45.42 (%).Trend:Decrease 31.33% than previous quarter

Overall: decreasing (-65.78%). 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 -24.3 (%).Trend:Increase 81.34% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -12.17 (%).Trend:Decrease 49.92% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -6.63 (%).Trend:Decrease 45.52% than previous quarter

Overall: increasing (-72.72%). 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 -8.11 (%).Trend:Decrease 41.57% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -8.04 (%).Trend:Decrease 0.86% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -6.4 (%).Trend:Decrease 20.4% than previous quarter

Overall: increasing (-21.09%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 12.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.29 (USD).Trend:Increase 3.57% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.38 (USD).Trend:Increase 31.03% than previous quarter

Overall: increasing (35.71%). Fluctuation: **Neutral** (moderate variation).



Financial performance in Q1-Q3 2021 reveals significant volatility. Liabilities on revenue increased dramatically in Q1, then sharply decreased in Q2 and Q3.  Current assets on revenue also saw a sharp increase in Q1, but similarly experienced substantial decreases in subsequent quarters.  Cost efficiency, indicated by the ratio of retained earnings to revenue, showed increases in negative values from Q1 to Q3, despite significant fluctuations.  Investment efficiency had negative retained earnings on assets, although the overall trend remained positive. Earnings per share were positive and slightly increasing from Q2 to Q3.