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 61.83 (%).Trend:Increase 179.9% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 30.3 (%).Trend:Decrease 50.99% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.8 (%).Trend:Decrease 28.05% than previous quarter

Overall: decreasing (-64.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 47.38 (%).Trend:Increase 164.69% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 24.03 (%).Trend:Decrease 49.28% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 18.21 (%).Trend:Decrease 24.22% than previous quarter

Overall: decreasing (-61.57%). 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 60.7 (%).Trend:Increase 185.51% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 32.39 (%).Trend:Decrease 46.64% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 22.83 (%).Trend:Decrease 29.52% than previous quarter

Overall: decreasing (-62.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.48 (%).Trend:Decrease 3.12% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.84 (%).Trend:Increase 1.76% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.02 (%).Trend:Increase 0.86% than previous quarter

Overall: increasing (2.64%). 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 34.84 (%).Trend:Increase 3.6% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 36.91 (%).Trend:Increase 5.94% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 36.78 (%).Trend:Decrease 0.35% than previous quarter

Overall: increasing (5.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter

Overall: increasing (400.0%). Fluctuation: **Significant** (high variation).



Financial analysis indicates significant volatility across key metrics for the first three quarters of 2021.  Working capital efficiency exhibits significant fluctuation, with liabilities and current assets on revenue experiencing a significant overall decrease. Cost efficiency shows a marked decrease in the retained earnings-to-revenue ratio. SG&A expense ratio demonstrates a slight, but steady, increase.  Investment efficiency indicates a slight overall increase in retained earnings on assets with only little variation.  Earnings per share exhibits significant fluctuations, with large increases and decreases.