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 49.05 (%).Trend:Increase 379.47% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.31 (%).Trend:Decrease 42.28% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 9.28 (%).Trend:Decrease 67.22% than previous quarter

Overall: decreasing (-81.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 423.96 (%).Trend:Increase 622.37% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 170.58 (%).Trend:Decrease 59.77% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 76.8 (%).Trend:Decrease 54.98% than previous quarter

Overall: decreasing (-81.89%). 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 -232.1 (%).Trend:Increase 168.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -111.02 (%).Trend:Decrease 52.17% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -73.11 (%).Trend:Decrease 34.15% than previous quarter

Overall: increasing (-68.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.28 (%).Trend:Increase 13.99% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.31 (%).Trend:Decrease 4.0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 44.56 (%).Trend:Decrease 5.81% than previous quarter

Overall: decreasing (-9.58%). 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 -28.01 (%).Trend:Decrease 41.12% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -28.63 (%).Trend:Increase 2.21% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -29.85 (%).Trend:Increase 4.26% than previous quarter

Overall: decreasing (6.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.26 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.43 (USD).Trend:Increase 65.38% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.48 (USD).Trend:Increase 11.63% than previous quarter

Overall: decreasing (84.62%). Fluctuation: **Significant** (high variation).



Financial performance in Q2 2021 through Q1 2022 shows considerable fluctuation. Working capital efficiency shows significant variation in both liabilities and current assets on revenue. Cost efficiency reveals high volatility in the retained earnings to revenue ratio. SG&A expense ratio shows little change, generally decreasing. Investment efficiency reveals a slight negative overall trend with significant fluctuation in retained earnings on assets. Earnings per share remain consistently negative and volatile.