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 32.61 (%).Trend:Increase 120.79% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 17.45 (%).Trend:Decrease 46.49% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 13.14 (%).Trend:Decrease 24.7% than previous quarter

Overall: decreasing (-59.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 120.68 (%).Trend:Increase 155.14% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 62.62 (%).Trend:Decrease 48.11% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.52 (%).Trend:Decrease 33.7% than previous quarter

Overall: decreasing (-65.59%). 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 70.53 (%).Trend:Increase 227.29% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 39.45 (%).Trend:Decrease 44.07% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 11.74 (%).Trend:Decrease 70.24% than previous quarter

Overall: decreasing (-83.35%). 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 8.09 (%).Trend:Increase 28.82% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.01 (%).Trend:Increase 11.37% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 4.29 (%).Trend:Decrease 52.39% than previous quarter

Overall: decreasing (-46.97%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.24 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 79.17% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.24 (USD).Trend:Decrease 44.19% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



The analysis covers working capital efficiency, cost efficiency, and investment efficiency, measured over three quarters of 2021. Liabilities on revenue decreased significantly in the first two quarters of 2021, then increased sharply in the first quarter of 2022, indicating substantial fluctuation. Current assets on revenue showed a similar pattern of decline followed by a substantial rise.  Cost efficiency, evaluated through the ratio of retained earnings to revenue, also shows a drastic decrease followed by an increase. The figures show considerable volatility in the company's financial performance, making comparisons with previous periods or industry benchmarks difficult. Investment efficiency displays significant quarterly fluctuations. Earning per share experiences substantial fluctuations throughout the reporting period.