Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 395.78 (%).Trend:Increase 177.94% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 192.51 (%).Trend:Decrease 51.36% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 128.79 (%).Trend:Decrease 33.1% than previous quarter

Overall: decreasing (-67.46%). 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 -324.67 (%).Trend:Increase 147.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -157.63 (%).Trend:Decrease 51.45% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -105.32 (%).Trend:Decrease 33.19% than previous quarter

Overall: increasing (-67.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.52 (%).Trend:Decrease 1.41% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.06 (%).Trend:Decrease 2.36% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.65 (%).Trend:Increase 3.1% than previous quarter

Overall: increasing (0.67%). 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 -40.28 (%).Trend:Decrease 16.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -40.29 (%).Trend:Increase 0.02% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -40.04 (%).Trend:Decrease 0.62% than previous quarter

Overall: increasing (-0.6%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data for Q1 to Q3 2021 reveals considerable volatility in working capital efficiency, marked by a significant decrease in current assets on revenue.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also demonstrates significant quarterly fluctuations, albeit with an overall slight increase.  Selling, general, and administrative (SG&A) expense ratios show a generally downward trend, suggesting potential cost-control efforts.  Investment efficiency, as represented by retained earnings on assets, exhibits a slight overall increase but shows a highly volatile pattern. These results underscore a need for further analysis to determine the drivers of the variability.