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 56.36 (%).Trend:Increase 163.86% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.31 (%).Trend:Decrease 49.77% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.94 (%).Trend:Decrease 22.5% than previous quarter

Overall: decreasing (-61.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 184.15 (%).Trend:Increase 225.07% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.22 (%).Trend:Decrease 48.29% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 56.92 (%).Trend:Decrease 40.22% than previous quarter

Overall: decreasing (-69.09%). 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 172.71 (%).Trend:Increase 237.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 93.95 (%).Trend:Decrease 45.6% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 67.02 (%).Trend:Decrease 28.66% than previous quarter

Overall: decreasing (-61.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.07 (%).Trend:Decrease 2.08% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.7 (%).Trend:Increase 7.07% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.24 (%).Trend:Increase 6.23% than previous quarter

Overall: increasing (13.74%). 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 38.24 (%).Trend:Increase 11.65% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 39.95 (%).Trend:Increase 4.47% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 43.1 (%).Trend:Increase 7.88% than previous quarter

Overall: increasing (12.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.84 (USD).Trend:Decrease 69.57% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.37 (USD).Trend:Increase 63.1% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.74 (USD).Trend:Increase 27.01% than previous quarter

Overall: increasing (107.14%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 through Q3 2021 reveal significant downward trends in working capital efficiency (liabilities and current assets on revenue), cost efficiency (ratio of retained earnings to revenue), and earnings per share (with major fluctuations).  However, selling, general, and administrative (SG&A) expense ratios and investment efficiency (retained earnings on assets) exhibit more stable, though slightly increasing, trends.