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 98.86 (%).Trend:Increase 177.7% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.63 (%).Trend:Decrease 51.82% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.9 (%).Trend:Decrease 35.12% than previous quarter

Overall: decreasing (-68.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 178.51 (%).Trend:Increase 211.97% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 90.74 (%).Trend:Decrease 49.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 53.23 (%).Trend:Decrease 41.34% than previous quarter

Overall: decreasing (-70.18%). 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 287.67 (%).Trend:Increase 210.63% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 140.1 (%).Trend:Decrease 51.3% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 92.44 (%).Trend:Decrease 34.02% than previous quarter

Overall: decreasing (-67.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.91 (%).Trend:Increase 4.4% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.38 (%).Trend:Decrease 5.12% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.2 (%).Trend:Decrease 4.16% than previous quarter

Overall: decreasing (-9.06%). 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 45.58 (%).Trend:Increase 2.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 45.72 (%).Trend:Increase 0.31% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 48.31 (%).Trend:Increase 5.66% than previous quarter

Overall: increasing (5.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.68 (USD).Trend:Decrease 112.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.76 (USD).Trend:Increase 158.82% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.9 (USD).Trend:Increase 64.77% than previous quarter

Overall: increasing (326.47%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 financial statements reveal significant fluctuations in key metrics.  Working capital indicators (liabilities and current assets on revenue) declined substantially, though with notable variation. Cost efficiency, as measured by the retained earnings-to-revenue ratio, also saw a notable decrease.  Selling, general, and administrative expenses decreased slightly.  Investment efficiency demonstrated stable growth in retained earnings on assets, with little fluctuation. Earnings per share showed a notable increase, though with large swings.