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 187.65 (%).Trend:Increase 176.28% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 94.47 (%).Trend:Decrease 49.66% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.31 (%).Trend:Decrease 37.22% than previous quarter

Overall: decreasing (-68.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 186.21 (%).Trend:Increase 175.05% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 93.98 (%).Trend:Decrease 49.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 59.42 (%).Trend:Decrease 36.77% than previous quarter

Overall: decreasing (-68.09%). 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 -83.77 (%).Trend:Increase 139.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -37.04 (%).Trend:Decrease 55.78% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -22.41 (%).Trend:Decrease 39.5% than previous quarter

Overall: increasing (-73.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.14 (%).Trend:Decrease 5.54% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.59 (%).Trend:Decrease 3.89% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.47 (%).Trend:Decrease 0.88% than previous quarter

Overall: decreasing (-4.74%). 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 -27.18 (%).Trend:Decrease 12.18% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -24.25 (%).Trend:Decrease 10.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -22.96 (%).Trend:Decrease 5.32% than previous quarter

Overall: increasing (-15.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.71 (USD).Trend:Decrease 52.98% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.48 (USD).Trend:Increase 108.45% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.25 (USD).Trend:Increase 52.03% than previous quarter

Overall: increasing (216.9%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1-Q3 2021 reveals a substantial decline in working capital efficiency.  Both liabilities and current assets on revenue decreased considerably, with major fluctuations. Cost efficiency showed an overall increase in retained earnings, yet with significant quarter-to-quarter volatility.  SG&A expenses show a downward trend.  Investment efficiency and earnings per share experienced an increasing trend but with substantial variations.  Overall, there's high variability in performance across all metrics.