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 65.5 (%).Trend:Increase 207.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.26 (%).Trend:Decrease 52.27% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 20.95 (%).Trend:Decrease 32.98% than previous quarter

Overall: decreasing (-68.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 149.45 (%).Trend:Increase 253.81% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 71.87 (%).Trend:Decrease 51.91% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 48.24 (%).Trend:Decrease 32.88% than previous quarter

Overall: decreasing (-67.72%). 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 59.36 (%).Trend:Increase 284.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 31.68 (%).Trend:Decrease 46.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 21.9 (%).Trend:Decrease 30.87% than previous quarter

Overall: decreasing (-63.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.47 (%).Trend:Increase 3.8% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.58 (%).Trend:Increase 1.3% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.69 (%).Trend:Increase 1.28% than previous quarter

Overall: increasing (2.6%). 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 14.67 (%).Trend:Increase 14.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 16.06 (%).Trend:Increase 9.48% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 16.87 (%).Trend:Increase 5.04% than previous quarter

Overall: increasing (15.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.22 (USD).Trend:Decrease 69.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.49 (USD).Trend:Increase 104.1% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.97 (USD).Trend:Increase 19.28% than previous quarter

Overall: increasing (143.44%). Fluctuation: **Significant** (high variation).



Working capital efficiency (Q1-Q3 2021) demonstrates substantial declines. Liabilities on revenue decreased significantly, while current assets on revenue also saw substantial declines.  Cost efficiency, as measured by retained earnings to revenue, declined considerably across the period. SG&A expense ratio remained stable. Invest efficiency shows little fluctuation with continued increases in retained earnings on assets. Earning per share demonstrated significant fluctuation with substantial increases and decreases over the period.