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 263.99 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 129.42 (%).Trend:Decrease 50.98% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 79.26 (%).Trend:Decrease 38.76% than previous quarter

Overall: decreasing (-69.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 302.43 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 148.22 (%).Trend:Decrease 50.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 96.83 (%).Trend:Decrease 34.67% than previous quarter

Overall: decreasing (-67.98%). 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 40.29 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 45.78 (%).Trend:Increase 13.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 36.71 (%).Trend:Decrease 19.81% than previous quarter

Overall: decreasing (-8.89%). Fluctuation: **Neutral** (moderate 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 3.66 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 7.94 (%).Trend:Increase 116.94% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.58 (%).Trend:Increase 20.65% than previous quarter

Overall: increasing (161.75%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of the provided data reveals significant fluctuations in working capital efficiency (liabilities and current assets on revenue).  Cost efficiency (ratio of retained earnings to revenue) shows a moderate decrease, while investment efficiency (retained earnings on assets) shows a substantial increase.