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 109.39 (%).Trend:Increase 165.12% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.14 (%).Trend:Decrease 54.16% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 35.18 (%).Trend:Decrease 29.84% than previous quarter

Overall: decreasing (-67.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 478.84 (%).Trend:Increase 252.48% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 229.58 (%).Trend:Decrease 52.05% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 155.94 (%).Trend:Decrease 32.08% than previous quarter

Overall: decreasing (-67.43%). 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 -44.6 (%).Trend:Increase 25.92% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -14.98 (%).Trend:Decrease 66.41% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -5.99 (%).Trend:Decrease 60.01% than previous quarter

Overall: increasing (-86.57%). 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 -7.34 (%).Trend:Decrease 61.37% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.02 (%).Trend:Decrease 31.61% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -2.91 (%).Trend:Decrease 42.03% than previous quarter

Overall: increasing (-60.35%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 185.51% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.14 (USD).Trend:Increase 93.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.66 (USD).Trend:Increase 45.61% than previous quarter

Overall: increasing (181.36%). Fluctuation: **Significant** (high variation).



Financial statements from Q1-Q3 2021 show substantial instability in working capital efficiency, with significant fluctuations in liability and current asset-to-revenue ratios. Cost efficiency (retained earnings to revenue) demonstrates a slight overall increase but with high variability. Investment efficiency (retained earnings on assets) also displays an increasing trend with quarter-to-quarter fluctuations. Earnings per share show a substantial rise overall, yet display significant fluctuations. The data highlights a volatile financial picture for this period.