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 144.12 (%).Trend:Increase 154.67% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 78.95 (%).Trend:Decrease 45.22% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 52.32 (%).Trend:Decrease 33.73% than previous quarter

Overall: decreasing (-63.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 626.03 (%).Trend:Increase 205.9% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 281.83 (%).Trend:Decrease 54.98% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 166.72 (%).Trend:Decrease 40.84% than previous quarter

Overall: decreasing (-73.37%). 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 -595.05 (%).Trend:Increase 165.46% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -323.34 (%).Trend:Decrease 45.66% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -221.95 (%).Trend:Decrease 31.36% than previous quarter

Overall: increasing (-62.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.14 (%).Trend:Decrease 8.46% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.99 (%).Trend:Decrease 2.61% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.08 (%).Trend:Decrease 4.44% than previous quarter

Overall: decreasing (-6.93%). 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 -70.78 (%).Trend:Decrease 8.93% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -82.7 (%).Trend:Increase 16.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -92.81 (%).Trend:Increase 12.22% than previous quarter

Overall: decreasing (31.12%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 to Q3 of 2021 show significant decreasing trends in working capital efficiency.  Liabilities on revenue and current assets on revenue decreased considerably throughout the period.  Cost efficiency shows a substantial increase in the ratio of retained earnings to revenue.  Despite substantial variation, the Selling, General & Administrative (SG&A) expense ratio shows a stable downward trend.  Investment efficiency demonstrates significant fluctuations in retained earnings on assets.