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 374.42 (%).Trend:Increase 183.03% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 154.36 (%).Trend:Decrease 58.77% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 102.85 (%).Trend:Decrease 33.37% than previous quarter

Overall: decreasing (-72.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 1256.82 (%).Trend:Increase 138.85% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 437.36 (%).Trend:Decrease 65.2% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 240.57 (%).Trend:Decrease 44.99% than previous quarter

Overall: decreasing (-80.86%). 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 -4630.59 (%).Trend:Increase 201.14% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1904.28 (%).Trend:Decrease 58.88% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -1140.01 (%).Trend:Decrease 40.13% than previous quarter

Overall: increasing (-75.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 227.29 (%).Trend:Decrease 3.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 179.74 (%).Trend:Decrease 20.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 153.99 (%).Trend:Decrease 14.33% than previous quarter

Overall: decreasing (-32.25%). Fluctuation: **Neutral** (moderate 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 -350.64 (%).Trend:Increase 25.97% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -413.8 (%).Trend:Increase 18.01% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -450.61 (%).Trend:Increase 8.9% than previous quarter

Overall: decreasing (28.51%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 to Q3 2021 reveal significant volatility. Liabilities and current assets on revenue are declining with high quarterly variation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits an unusual increasing trend with substantial fluctuations. The SG&A expense ratio shows a stable decreasing trend with moderate variation.  Investment efficiency, as reflected by the persistently decreasing retained earnings on assets ratio, demonstrates substantial volatility.