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 315.0 (%).Trend:Increase 330.56% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 129.81 (%).Trend:Decrease 58.79% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 79.93 (%).Trend:Decrease 38.43% than previous quarter

Overall: decreasing (-74.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 543.31 (%).Trend:Increase 131.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 225.08 (%).Trend:Decrease 58.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 148.36 (%).Trend:Decrease 34.09% than previous quarter

Overall: decreasing (-72.69%). 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 8.3 (%).Trend:Decrease 337.14% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 21.5 (%).Trend:Increase 159.04% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 23.28 (%).Trend:Increase 8.28% than previous quarter

Overall: increasing (180.48%). 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 1.32 (%).Trend:Decrease 203.12% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.12 (%).Trend:Increase 515.15% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 13.5 (%).Trend:Increase 66.26% than previous quarter

Overall: increasing (922.73%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2021 to Q3 2021 show significant variations in key performance indicators. Liabilities and current assets on revenue decreased throughout the period. However, the ratio of retained earnings to revenue exhibited a substantial increasing trend. Similarly, retained earnings on assets showed a noticeable upward trend from Q1 to Q3.  These results suggest a period of significant volatility in financial performance, requiring a thorough examination of underlying factors to determine the causes of such fluctuations.