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 69.24 (%).Trend:Increase 184.94% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 34.45 (%).Trend:Decrease 50.25% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.14 (%).Trend:Decrease 29.93% than previous quarter

Overall: decreasing (-65.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 129.34 (%).Trend:Increase 178.69% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 60.4 (%).Trend:Decrease 53.3% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 44.09 (%).Trend:Decrease 27.0% than previous quarter

Overall: decreasing (-65.91%). 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 126.08 (%).Trend:Increase 212.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 65.11 (%).Trend:Decrease 48.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 46.32 (%).Trend:Decrease 28.86% than previous quarter

Overall: decreasing (-63.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.71 (%).Trend:Decrease 7.61% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.75 (%).Trend:Increase 0.29% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.75 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (0.29%). 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 32.38 (%).Trend:Increase 10.4% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 34.24 (%).Trend:Increase 5.74% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 35.96 (%).Trend:Increase 5.02% than previous quarter

Overall: increasing (11.06%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.82 (USD).Trend:Decrease 65.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.57 (USD).Trend:Increase 151.1% than previous quarter
Year 2021 Quarter 3: Earning Per Share 7.49 (USD).Trend:Increase 63.89% than previous quarter

Overall: increasing (311.54%). Fluctuation: **Significant** (high variation).



Financial performance for Q1 2021 to Q3 2021 displays a predominantly negative trend across working capital efficiency (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue), with significant variability.  SG&A expense ratio displays consistent increase.  Investment efficiency (retained earnings on assets) shows moderate, ongoing growth with little change. Earnings per share (EPS) increased considerably overall, although marked by substantial quarterly variation.