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 45.65 (%).Trend:Increase 237.65% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 23.27 (%).Trend:Decrease 49.03% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 16.6 (%).Trend:Decrease 28.66% than previous quarter

Overall: decreasing (-63.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 99.46 (%).Trend:Increase 298.64% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 48.21 (%).Trend:Decrease 51.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 31.8 (%).Trend:Decrease 34.04% than previous quarter

Overall: decreasing (-68.03%). 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 104.79 (%).Trend:Increase 245.73% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 51.39 (%).Trend:Decrease 50.96% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 35.28 (%).Trend:Decrease 31.35% than previous quarter

Overall: decreasing (-66.33%). 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 24.51 (%).Trend:Increase 2.98% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 25.77 (%).Trend:Increase 5.14% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 27.05 (%).Trend:Increase 4.97% than previous quarter

Overall: increasing (10.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 73.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.28 (USD).Trend:Increase 135.05% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.3 (USD).Trend:Increase 44.74% than previous quarter

Overall: increasing (240.21%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2021 to Q3 2021 reveals fluctuating trends. Working capital efficiency shows significant variability, with both liabilities and current assets relative to revenue experiencing decreases then increases. Cost efficiency (retained earnings/revenue) also displays substantial fluctuation during the period. Investment efficiency, represented by retained earnings on assets, demonstrates a consistent, minor upward trend. Earnings per share show a notable increase overall, despite significant volatility.