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 57.92 (%).Trend:Increase 230.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.82 (%).Trend:Decrease 50.24% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 19.06 (%).Trend:Decrease 33.87% than previous quarter

Overall: decreasing (-67.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 132.65 (%).Trend:Increase 181.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 63.58 (%).Trend:Decrease 52.07% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 42.4 (%).Trend:Decrease 33.31% than previous quarter

Overall: decreasing (-68.04%). 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 35.38 (%).Trend:Increase 381.36% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 18.43 (%).Trend:Decrease 47.91% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 12.59 (%).Trend:Decrease 31.69% than previous quarter

Overall: decreasing (-64.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.66 (%).Trend:Decrease 6.24% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.58 (%).Trend:Decrease 0.75% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.94 (%).Trend:Decrease 6.05% than previous quarter

Overall: decreasing (-6.75%). 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 5.58 (%).Trend:Increase 56.74% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 6.2 (%).Trend:Increase 11.11% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 6.53 (%).Trend:Increase 5.32% than previous quarter

Overall: increasing (17.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.35 (USD).Trend:Decrease 65.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.73 (USD).Trend:Increase 108.57% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.05 (USD).Trend:Increase 43.84% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).



Financial statements for 2021 reveal significant volatility in working capital efficiency.  Liabilities and current assets on revenue both experienced substantial decreases, though with high variability.  Cost efficiency (ratio of retained earnings to revenue) similarly decreased significantly, but with greater volatility.  SG&A expense ratio, however, displayed little fluctuation, continuing a downward trend. Investment efficiency saw a steady increase in retained earnings on assets, with small variations.  Earnings per share, meanwhile, demonstrate a clear increasing trend, but with notable quarter-to-quarter changes.