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 31.46 (%).Trend:Increase 126.66% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 17.81 (%).Trend:Decrease 43.39% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 14.7 (%).Trend:Decrease 17.46% than previous quarter

Overall: decreasing (-53.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 283.4 (%).Trend:Increase 145.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 150.81 (%).Trend:Decrease 46.79% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 110.23 (%).Trend:Decrease 26.91% than previous quarter

Overall: decreasing (-61.1%). 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 316.61 (%).Trend:Increase 141.93% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 160.55 (%).Trend:Decrease 49.29% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 110.12 (%).Trend:Decrease 31.41% than previous quarter

Overall: decreasing (-65.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.53 (%).Trend:Decrease 21.54% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.92 (%).Trend:Increase 2.68% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.51 (%).Trend:Increase 3.95% than previous quarter

Overall: increasing (6.74%). 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 61.88 (%).Trend:Increase 1.78% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 61.67 (%).Trend:Decrease 0.34% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 61.11 (%).Trend:Decrease 0.91% than previous quarter

Overall: decreasing (-1.24%). Fluctuation: **Little** (low variation).

Earning Per Share


The provided financial statements reveal significant fluctuations in working capital efficiency. Liabilities on revenue decreased by 53.27% overall but experienced substantial quarter-to-quarter variations. Current assets on revenue also declined significantly (-61.1%), highlighting high volatility. Cost efficiency metrics exhibit a substantial drop (-65.22%) in the ratio of retained earnings to revenue, with large variations across quarters.  Conversely, the selling, general, and administrative (SG&A) expense ratio is moderately increasing (6.74%) with smaller fluctuations. Investment efficiency, as indicated by retained earnings on assets, is only slightly decreasing (-1.24%) showing consistent, albeit modest, performance.  Earning per share data is not included.