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 46.73 (%).Trend:Increase 224.74% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 18.65 (%).Trend:Decrease 60.09% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 12.75 (%).Trend:Decrease 31.64% than previous quarter

Overall: decreasing (-72.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 180.27 (%).Trend:Increase 303.02% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 74.13 (%).Trend:Decrease 58.88% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.31 (%).Trend:Decrease 44.27% than previous quarter

Overall: decreasing (-77.08%). 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 246.78 (%).Trend:Increase 214.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 131.74 (%).Trend:Decrease 46.62% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 96.42 (%).Trend:Decrease 26.81% than previous quarter

Overall: decreasing (-60.93%). 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 35.03 (%).Trend:Decrease 16.32% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.13 (%).Trend:Increase 14.56% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 45.27 (%).Trend:Increase 12.81% than previous quarter

Overall: increasing (29.23%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.6 (USD).Trend:Increase 65.0% than previous quarter

Overall: increasing (230.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2021 show significant volatility across key metrics. Liabilities and current assets on revenue have decreased substantially from Q1 to Q3 2021, indicating decreased working capital efficiency. Cost efficiency, reflected in the retained earnings-to-revenue ratio, also shows a substantial decline.  However, investment efficiency, as measured by retained earnings on assets, displays a slight upward trend.  Earnings per share show a significant increase over the three quarters.