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 112.23 (%).Trend:Increase 235.92% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.83 (%).Trend:Decrease 58.27% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 33.24 (%).Trend:Decrease 29.02% than previous quarter

Overall: decreasing (-70.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 170.42 (%).Trend:Increase 189.88% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 73.66 (%).Trend:Decrease 56.78% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 48.63 (%).Trend:Decrease 33.98% than previous quarter

Overall: decreasing (-71.46%). 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 -19.16 (%).Trend:Increase 83.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -4.23 (%).Trend:Decrease 77.92% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 1.09 (%).Trend:Decrease 125.77% than previous quarter

Overall: increasing (-105.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.81 (%).Trend:Decrease 17.35% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.86 (%).Trend:Increase 2.76% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.8 (%).Trend:Decrease 3.23% than previous quarter

Overall: decreasing (-0.55%). 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 -3.68 (%).Trend:Decrease 27.27% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -1.67 (%).Trend:Decrease 54.62% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 0.68 (%).Trend:Decrease 140.72% than previous quarter

Overall: increasing (-118.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.94 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.6 (USD).Trend:Increase 176.6% than previous quarter
Year 2021 Quarter 3: Earning Per Share 4.4 (USD).Trend:Increase 69.23% than previous quarter

Overall: increasing (368.09%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show a pattern of significant fluctuation in working capital efficiency metrics.  Liabilities and current assets on revenue both decreased, while the cost efficiency ratio of retained earnings to revenue displays a large negative increase with huge variations over the period. The SG&A expense ratio shows a consistent decline, while investment efficiency metrics, including retained earnings on assets, are unstable with large fluctuations. Earnings per share demonstrate a substantial upward trend.