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 72.19 (%).Trend:Increase 139.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.34 (%).Trend:Decrease 46.89% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.01 (%).Trend:Decrease 3.47% than previous quarter

Overall: decreasing (-48.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 190.13 (%).Trend:Increase 178.21% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 101.71 (%).Trend:Decrease 46.51% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 69.57 (%).Trend:Decrease 31.6% than previous quarter

Overall: decreasing (-63.41%). 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 10.77 (%).Trend:Decrease 837.67% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 8.84 (%).Trend:Decrease 17.92% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 8.42 (%).Trend:Decrease 4.75% than previous quarter

Overall: decreasing (-21.82%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.47 (%).Trend:Increase 4.62% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.05 (%).Trend:Decrease 2.16% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.55 (%).Trend:Decrease 2.62% than previous quarter

Overall: decreasing (-4.73%). 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 2.05 (%).Trend:Decrease 373.33% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 3.32 (%).Trend:Increase 61.95% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 3.53 (%).Trend:Increase 6.33% than previous quarter

Overall: increasing (72.2%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 64.84% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.65 (USD).Trend:Increase 103.12% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.03 (USD).Trend:Increase 58.46% than previous quarter

Overall: increasing (221.88%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 data reveals significant decreases in liabilities and current assets on revenue, characterized by high variation. Cost efficiency shows a moderate decrease in retained earnings ratio and a slight decrease in SG&A expenses.  Investment efficiency improved notably, with a substantial rise in retained earnings on assets and earnings per share.