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 37.31 (%).Trend:Increase 61.8% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.62 (%).Trend:Decrease 28.65% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.61 (%).Trend:Decrease 18.82% than previous quarter

Overall: decreasing (-42.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 132.05 (%).Trend:Increase 115.49% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 73.43 (%).Trend:Decrease 44.39% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 53.19 (%).Trend:Decrease 27.56% than previous quarter

Overall: decreasing (-59.72%). 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 69.29 (%).Trend:Increase 206.19% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 38.31 (%).Trend:Decrease 44.71% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 26.66 (%).Trend:Decrease 30.41% than previous quarter

Overall: decreasing (-61.52%). 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 33.53 (%).Trend:Increase 46.23% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 34.72 (%).Trend:Increase 3.55% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 35.23 (%).Trend:Increase 1.47% than previous quarter

Overall: increasing (5.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 3.49 (USD).Trend:Increase 16.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share 6.94 (USD).Trend:Increase 98.85% than previous quarter
Year 2021 Quarter 3: Earning Per Share 10.97 (USD).Trend:Increase 58.07% than previous quarter

Overall: increasing (214.33%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2021 to Q3 2021 demonstrates fluctuating trends. Liabilities on revenue and current assets on revenue exhibit overall decreases with substantial volatility.  The ratio of retained earnings to revenue is also declining significantly.  Conversely, investment efficiency, retained earnings on assets, demonstrates a steady positive trend.  Earnings per share show a considerable upward trend with significant fluctuations, suggesting potential growth but high variability.