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 74.73 (%).Trend:Increase 154.88% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.5 (%).Trend:Decrease 49.82% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.15 (%).Trend:Decrease 22.27% than previous quarter

Overall: decreasing (-60.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 123.11 (%).Trend:Increase 168.33% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 64.63 (%).Trend:Decrease 47.5% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 44.2 (%).Trend:Decrease 31.61% than previous quarter

Overall: decreasing (-64.1%). 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 146.06 (%).Trend:Increase 147.64% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 76.32 (%).Trend:Decrease 47.75% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 49.82 (%).Trend:Decrease 34.72% than previous quarter

Overall: decreasing (-65.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.78 (%).Trend:Decrease 8.08% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.43 (%).Trend:Increase 6.65% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.93 (%).Trend:Increase 4.79% than previous quarter

Overall: increasing (11.76%). 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 52.66 (%).Trend:Decrease 4.32% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.98 (%).Trend:Decrease 22.18% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 40.47 (%).Trend:Decrease 1.24% than previous quarter

Overall: decreasing (-23.15%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.08 (USD).Trend:Increase 8.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 93.52% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.4 (USD).Trend:Increase 14.83% than previous quarter

Overall: increasing (122.22%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 reveals significant fluctuations in key metrics. Liabilities and current assets on revenue both decreased substantially (-60.99% and -64.1%, respectively), indicating potential working capital challenges.  The ratio of retained earnings to revenue also declined sharply (-65.89%), suggesting concerns about profitability.  However, SG&A expenses increased only slightly, and earnings per share showed robust growth (122.22%), a positive sign.  Retained earnings on assets saw a moderate decrease.