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 113.65 (%).Trend:Increase 209.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 54.78 (%).Trend:Decrease 51.8% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.65 (%).Trend:Decrease 31.27% than previous quarter

Overall: decreasing (-66.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 292.8 (%).Trend:Increase 216.1% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 145.48 (%).Trend:Decrease 50.31% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 98.16 (%).Trend:Decrease 32.53% than previous quarter

Overall: decreasing (-66.48%). 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 -54.2 (%).Trend:Increase 116.19% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -29.27 (%).Trend:Decrease 46.0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -22.67 (%).Trend:Decrease 22.55% than previous quarter

Overall: increasing (-58.17%). 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 -15.15 (%).Trend:Decrease 30.02% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -16.49 (%).Trend:Increase 8.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -18.91 (%).Trend:Increase 14.68% than previous quarter

Overall: decreasing (24.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.75 (USD).Trend:Decrease 18.48% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.33 (USD).Trend:Increase 77.33% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.65 (USD).Trend:Increase 24.06% than previous quarter

Overall: increasing (120.0%). Fluctuation: **Significant** (high variation).



The Q1 2021 to Q3 2021 financial data exhibits substantial volatility across key indicators.  Working capital efficiency metrics (liabilities and current assets on revenue) show a decline, while cost efficiency (retained earnings on revenue) displays improvement.  Investment efficiency (retained earnings on assets) worsened. Earnings per share demonstrated a marked increase.  Further investigation is needed to understand the underlying causes.