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 65.5 (%).Trend:Increase 207.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.26 (%).Trend:Decrease 52.27% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 20.95 (%).Trend:Decrease 32.98% than previous quarter

Overall: decreasing (-68.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 149.45 (%).Trend:Increase 253.81% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 71.87 (%).Trend:Decrease 51.91% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 48.24 (%).Trend:Decrease 32.88% than previous quarter

Overall: decreasing (-67.72%). 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 59.36 (%).Trend:Increase 284.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 31.68 (%).Trend:Decrease 46.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 21.9 (%).Trend:Decrease 30.87% than previous quarter

Overall: decreasing (-63.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.47 (%).Trend:Increase 3.8% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.58 (%).Trend:Increase 1.3% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.69 (%).Trend:Increase 1.28% than previous quarter

Overall: increasing (2.6%). 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 14.67 (%).Trend:Increase 14.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 16.06 (%).Trend:Increase 9.48% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 16.87 (%).Trend:Increase 5.04% than previous quarter

Overall: increasing (15.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.22 (USD).Trend:Decrease 69.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.49 (USD).Trend:Increase 104.1% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.97 (USD).Trend:Increase 19.28% than previous quarter

Overall: increasing (143.44%). Fluctuation: **Significant** (high variation).



Working capital efficiency (Q1-Q3 2021) reveals substantial decreases in liabilities and current assets on revenue.  Cost efficiency (retained earnings to revenue) declined considerably.  SG&A expense ratio displayed a modest but consistent increase.  Invest efficiency remained steady, showing consistent increases in retained earnings on assets. Earning per share saw considerable increases and decreases over the period.