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 106.35 (%).Trend:Increase 171.86% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 53.16 (%).Trend:Decrease 50.01% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.3 (%).Trend:Decrease 29.83% than previous quarter

Overall: decreasing (-64.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 111.88 (%).Trend:Increase 158.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 63.56 (%).Trend:Decrease 43.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.67 (%).Trend:Decrease 34.44% than previous quarter

Overall: decreasing (-62.75%). 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 55.9 (%).Trend:Increase 221.26% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 30.88 (%).Trend:Decrease 44.76% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 21.54 (%).Trend:Decrease 30.25% than previous quarter

Overall: decreasing (-61.47%). 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 18.78 (%).Trend:Increase 16.94% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 18.99 (%).Trend:Increase 1.12% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 18.72 (%).Trend:Decrease 1.42% than previous quarter

Overall: decreasing (-0.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 16.09 (USD).Trend:Decrease 42.54% than previous quarter
Year 2021 Quarter 2: Earning Per Share 31.49 (USD).Trend:Increase 95.71% than previous quarter
Year 2021 Quarter 3: Earning Per Share 37.69 (USD).Trend:Increase 19.69% than previous quarter

Overall: increasing (134.24%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 reveals significant fluctuations in key metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially, suggesting potential areas for improvement in working capital management and cost efficiency.  However, earnings per share showed a substantial increase, a positive sign for profitability. Retained earnings on assets remained relatively stable.