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 66.59 (%).Trend:Increase 174.94% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.79 (%).Trend:Decrease 46.25% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 31.87 (%).Trend:Decrease 10.95% than previous quarter

Overall: decreasing (-52.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 148.76 (%).Trend:Increase 133.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.68 (%).Trend:Decrease 48.45% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 54.21 (%).Trend:Decrease 29.3% than previous quarter

Overall: decreasing (-63.56%). 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 70.99 (%).Trend:Increase 134.83% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 33.88 (%).Trend:Decrease 52.27% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 21.92 (%).Trend:Decrease 35.3% than previous quarter

Overall: decreasing (-69.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 23.96 (%).Trend:Decrease 12.14% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.75 (%).Trend:Decrease 5.05% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 21.81 (%).Trend:Decrease 4.13% than previous quarter

Overall: decreasing (-8.97%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.69 (USD).Trend:Decrease 80.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.01 (USD).Trend:Increase 46.38% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.7 (USD).Trend:Increase 167.33% than previous quarter

Overall: increasing (291.3%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show high volatility.  Liabilities and current assets on revenue both decreased overall, with substantial quarter-to-quarter variation.  Cost efficiency, measured by the retained earnings to revenue ratio, displays a significant downward trend, with volatility. Investment efficiency shows a gradual decrease, less volatile than other metrics. Earnings per share show a substantial overall increase, yet with great quarterly change.  This data indicates significant instability requiring further analysis.