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 55.37 (%).Trend:Increase 211.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.41 (%).Trend:Decrease 48.69% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 19.9 (%).Trend:Decrease 29.95% than previous quarter

Overall: decreasing (-64.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 151.96 (%).Trend:Increase 229.49% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.82 (%).Trend:Decrease 49.45% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 52.41 (%).Trend:Decrease 31.78% than previous quarter

Overall: decreasing (-65.51%). 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 165.2 (%).Trend:Increase 248.3% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 81.22 (%).Trend:Decrease 50.84% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 53.88 (%).Trend:Decrease 33.66% than previous quarter

Overall: decreasing (-67.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.86 (%).Trend:Decrease 1.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.74 (%).Trend:Decrease 0.55% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.31 (%).Trend:Decrease 1.98% than previous quarter

Overall: decreasing (-2.52%). 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 54.92 (%).Trend:Increase 5.19% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 54.33 (%).Trend:Decrease 1.07% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 54.69 (%).Trend:Increase 0.66% than previous quarter

Overall: decreasing (-0.42%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q1 to Q3 2021 reveals significant declines in working capital efficiency, cost efficiency, and the ratio of retained earnings to revenue.  Liabilities and current assets on revenue experienced substantial decreases (-64.06% and -65.51%, respectively).  Cost efficiency, measured by the retained earnings-to-revenue ratio, also showed a substantial decrease (-67.38%). In contrast, the Selling, General, and Administrative (SG&A) expense ratio decreased steadily, (-2.52%), and retained earnings on assets showed a slight decrease (-0.42%). Overall, the data indicates a substantial decline in key financial performance measures.