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 172.06 (%).Trend:Increase 219.87% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.8 (%).Trend:Decrease 48.97% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 62.03 (%).Trend:Decrease 29.35% than previous quarter

Overall: decreasing (-63.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 205.17 (%).Trend:Increase 246.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 102.2 (%).Trend:Decrease 50.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 76.9 (%).Trend:Decrease 24.76% than previous quarter

Overall: decreasing (-62.52%). 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 60.98 (%).Trend:Increase 263.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 26.44 (%).Trend:Decrease 56.64% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 22.18 (%).Trend:Decrease 16.11% than previous quarter

Overall: decreasing (-63.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.9 (%).Trend:Decrease 5.44% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.79 (%).Trend:Decrease 1.11% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.69 (%).Trend:Decrease 1.02% than previous quarter

Overall: decreasing (-2.12%). 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 10.92 (%).Trend:Increase 26.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.68 (%).Trend:Decrease 11.36% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.73 (%).Trend:Increase 21.18% than previous quarter

Overall: increasing (7.42%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.21 (USD).Trend:Decrease 54.17% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.32 (USD).Trend:Increase 91.74% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.67 (USD).Trend:Increase 58.19% than previous quarter

Overall: increasing (203.31%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, liabilities on revenue and current assets on revenue decreased significantly, showing high variation.  The ratio of retained earnings to revenue also decreased significantly.  Conversely, the SG&A expense ratio showed a small decrease, while retained earnings on assets slightly increased with little fluctuation. Earnings per share increased significantly, exhibiting high variation.