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 198.01 (%).Trend:Increase 172.82% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.1 (%).Trend:Decrease 56.01% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.39 (%).Trend:Decrease 31.81% than previous quarter

Overall: decreasing (-70.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 422.23 (%).Trend:Increase 234.76% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 200.43 (%).Trend:Decrease 52.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 127.62 (%).Trend:Decrease 36.33% than previous quarter

Overall: decreasing (-69.77%). 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 -209.51 (%).Trend:Increase 408.77% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -108.13 (%).Trend:Decrease 48.39% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -81.53 (%).Trend:Decrease 24.6% than previous quarter

Overall: increasing (-61.09%). 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 -21.86 (%).Trend:Increase 44.96% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -23.74 (%).Trend:Increase 8.6% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -27.7 (%).Trend:Increase 16.68% than previous quarter

Overall: decreasing (26.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.59 (USD).Trend:Decrease 72.17% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 50.85% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.48 (USD).Trend:Increase 66.29% than previous quarter

Overall: decreasing (150.85%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2021 to Q3 2021 reveals significant volatility in various financial metrics.  Liabilities and current assets on revenue are both decreasing overall, with substantial quarter-to-quarter variations. The ratio of retained earnings to revenue is increasing, yet still remains negative with wide swings.  Investment efficiency and earnings per share are also exhibiting significant fluctuations and negative trends overall. The data suggests a period of considerable financial uncertainty and instability.