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 84.66 (%).Trend:Increase 189.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 42.1 (%).Trend:Decrease 50.27% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 27.93 (%).Trend:Decrease 33.66% than previous quarter

Overall: decreasing (-67.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 256.58 (%).Trend:Increase 184.36% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 129.4 (%).Trend:Decrease 49.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 87.59 (%).Trend:Decrease 32.31% than previous quarter

Overall: decreasing (-65.86%). 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 158.08 (%).Trend:Increase 220.91% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 80.94 (%).Trend:Decrease 48.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 55.44 (%).Trend:Decrease 31.5% than previous quarter

Overall: decreasing (-64.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.31 (%).Trend:Increase 0.28% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.55 (%).Trend:Increase 1.68% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.18 (%).Trend:Decrease 2.54% than previous quarter

Overall: decreasing (-0.91%). 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 30.08 (%).Trend:Increase 10.59% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 30.98 (%).Trend:Increase 2.99% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 31.8 (%).Trend:Increase 2.65% than previous quarter

Overall: increasing (5.72%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.57 (USD).Trend:Decrease 65.87% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.28 (USD).Trend:Increase 124.56% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.08 (USD).Trend:Increase 62.5% than previous quarter

Overall: increasing (264.91%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show a decline in working capital efficiency.  Liabilities and current assets on revenue decreased significantly, with notable quarterly fluctuations. Cost efficiency (ratio of retained earnings to revenue) is also declining, and the SG&A expense ratio is relatively stable.  Investment efficiency shows a steady increase, while earnings per share have a substantial overall increase with significant fluctuations.