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 188.56 (%).Trend:Increase 237.2% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 84.12 (%).Trend:Decrease 55.39% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.21 (%).Trend:Decrease 29.61% than previous quarter

Overall: decreasing (-68.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 476.6 (%).Trend:Increase 193.45% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 216.84 (%).Trend:Decrease 54.5% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 135.82 (%).Trend:Decrease 37.36% than previous quarter

Overall: decreasing (-71.5%). 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 105.49 (%).Trend:Increase 245.98% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 56.06 (%).Trend:Decrease 46.86% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 41.61 (%).Trend:Decrease 25.78% than previous quarter

Overall: decreasing (-60.56%). 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 13.02 (%).Trend:Increase 16.15% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.79 (%).Trend:Increase 13.59% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 16.43 (%).Trend:Increase 11.09% than previous quarter

Overall: increasing (26.19%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.84 (USD).Trend:Decrease 57.6% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.88 (USD).Trend:Increase 110.87% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.93 (USD).Trend:Increase 52.84% than previous quarter

Overall: increasing (222.28%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2021 reveal significant fluctuations across various key metrics.  Working capital efficiency, cost efficiency, and earning per share all show substantial variations in performance.  Liabilities and current assets on revenue demonstrate a clear downward trend with high variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, also demonstrates a significant downward trend. Investment efficiency remained relatively stable, with increases across each quarter.