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 171.37 (%).Trend:Increase 190.36% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 95.23 (%).Trend:Decrease 44.43% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.03 (%).Trend:Decrease 38.01% than previous quarter

Overall: decreasing (-65.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 486.26 (%).Trend:Increase 125.79% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 240.87 (%).Trend:Decrease 50.46% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 151.51 (%).Trend:Decrease 37.1% than previous quarter

Overall: decreasing (-68.84%). 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 -179.95 (%).Trend:Increase 142.75% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -89.65 (%).Trend:Decrease 50.18% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -58.48 (%).Trend:Decrease 34.77% than previous quarter

Overall: increasing (-67.5%). 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 -25.7 (%).Trend:Increase 3.05% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -26.3 (%).Trend:Increase 2.33% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -26.37 (%).Trend:Increase 0.27% than previous quarter

Overall: decreasing (2.61%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 to Q3 2021 show significant and unpredictable fluctuations in working capital efficiency. Liabilities on revenue decreased noticeably, while current assets on revenue experienced a similar trend of substantial fluctuation. Cost efficiency, represented by the ratio of retained earnings to revenue, presents an overall increasing trend but with substantial volatility across quarters. Investment efficiency, calculated by retained earnings on assets, displays a consistent decreasing trend across the three quarters.