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 88.21 (%).Trend:Increase 396.12% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 44.82 (%).Trend:Decrease 49.19% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 33.93 (%).Trend:Decrease 24.3% than previous quarter

Overall: decreasing (-61.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 256.82 (%).Trend:Increase 186.73% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 131.47 (%).Trend:Decrease 48.81% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 85.45 (%).Trend:Decrease 35.0% than previous quarter

Overall: decreasing (-66.73%). 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 74.8 (%).Trend:Increase 123.62% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 38.35 (%).Trend:Decrease 48.73% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 29.36 (%).Trend:Decrease 23.44% than previous quarter

Overall: decreasing (-60.75%). 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 8.53 (%).Trend:Decrease 42.44% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.28 (%).Trend:Increase 8.79% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 10.74 (%).Trend:Increase 15.73% than previous quarter

Overall: increasing (25.91%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 88.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.25 (USD).Trend:Increase 316.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.6 (USD).Trend:Increase 140.0% than previous quarter

Overall: increasing (900.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 data reveals significant fluctuations across key metrics.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially (-61.53%, -66.73%, and -60.75% respectively), indicating potential operational inefficiencies or revenue challenges.  Conversely, retained earnings on assets showed a positive trend (25.91%), while earnings per share demonstrated impressive growth (900.0%), although with significant volatility.  The lack of SG&A data limits a comprehensive cost efficiency assessment.