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 120.67 (%).Trend:Increase 552.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.67 (%).Trend:Decrease 58.01% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 33.15 (%).Trend:Decrease 34.58% than previous quarter

Overall: decreasing (-72.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 1057.85 (%).Trend:Increase 209.35% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 443.39 (%).Trend:Decrease 58.09% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 298.06 (%).Trend:Decrease 32.78% than previous quarter

Overall: decreasing (-71.82%). 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 -487.21 (%).Trend:Increase 29.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -151.8 (%).Trend:Decrease 68.84% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -36.82 (%).Trend:Decrease 75.74% than previous quarter

Overall: increasing (-92.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Decrease 48.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.37 (%).Trend:Decrease 16.51% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.71 (%).Trend:Increase 3.28% than previous quarter

Overall: decreasing (-13.77%). 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 -44.87 (%).Trend:Decrease 57.07% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -33.36 (%).Trend:Decrease 25.65% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -10.6 (%).Trend:Decrease 68.23% than previous quarter

Overall: increasing (-76.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 51.22% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 325.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.39 (USD).Trend:Increase 181.18% than previous quarter

Overall: increasing (1095.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 reveal highly volatile trends in financial metrics. Liabilities and current assets on revenue both experienced significant decreases, yet with considerable fluctuations. Cost efficiency, measured by the retained earnings to revenue ratio, shows a significant overall increase with substantial quarter-to-quarter variation. The Selling, General & Administrative (SG&A) expense ratio displays a consistent overall decrease, with a small, relatively stable variation. Investment efficiency shows a notable increase. Earnings per share demonstrated notable fluctuations in the observed periods.