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 21.43 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 21.01 (%).Trend:Decrease 1.96% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 17.23 (%).Trend:Decrease 17.99% than previous quarter

Overall: decreasing (-19.6%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 18.37 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 7.2 (%).Trend:Decrease 60.81% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 5.2 (%).Trend:Decrease 27.78% than previous quarter

Overall: decreasing (-71.69%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.18 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.4 (%).Trend:Increase 6.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.33 (%).Trend:Decrease 2.06% than previous quarter

Overall: increasing (4.72%). 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
Earning Per Share


Financial statements from Q1 to Q3 2021 reveal a negative trend in working capital efficiency. Liabilities on revenue showed a decreasing trend with moderate variation, while current assets decreased significantly with high variation. Cost efficiency, however, shows a slightly increasing trend in the SG&A expense ratio with low fluctuation. Overall, the data highlights a need to address working capital management concerns, while cost efficiency seems relatively stable.