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 82.76 (%).Trend:Increase 186.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 42.79 (%).Trend:Decrease 48.3% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 27.97 (%).Trend:Decrease 34.63% than previous quarter

Overall: decreasing (-66.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 55.58 (%).Trend:Increase 137.42% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 27.38 (%).Trend:Decrease 50.74% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 18.81 (%).Trend:Decrease 31.3% than previous quarter

Overall: decreasing (-66.16%). 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 227.67 (%).Trend:Increase 205.31% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 112.88 (%).Trend:Decrease 50.42% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 75.63 (%).Trend:Decrease 33.0% than previous quarter

Overall: decreasing (-66.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.22 (%).Trend:Decrease 2.57% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.74 (%).Trend:Increase 5.09% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.55 (%).Trend:Decrease 1.77% than previous quarter

Overall: increasing (3.23%). 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 25.42 (%).Trend:Increase 3.92% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 25.52 (%).Trend:Increase 0.39% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.83 (%).Trend:Increase 1.21% than previous quarter

Overall: increasing (1.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.93 (USD).Trend:Decrease 59.39% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.96 (USD).Trend:Increase 110.75% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.06 (USD).Trend:Increase 56.12% than previous quarter

Overall: increasing (229.03%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased significantly from Q1 to Q3 2021, then increased in Q1 2022, demonstrating significant volatility.  Current assets on revenue also decreased significantly during the same period.  Cost efficiency exhibits a small increase in the SG&A expense ratio, while the ratio of retained earnings to revenue decreased significantly throughout.  Investment efficiency shows a slight overall increase in retained earnings on assets with low fluctuation. Earnings per share showed significant fluctuations, increasing from Q1 to Q3 2021 but decreasing in Q1 2022.