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 83.67 (%).Trend:Increase 229.02% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.66 (%).Trend:Decrease 41.84% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 35.09 (%).Trend:Decrease 27.89% than previous quarter

Overall: decreasing (-58.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 58.07 (%).Trend:Increase 232.02% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 40.62 (%).Trend:Decrease 30.05% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 27.08 (%).Trend:Decrease 33.33% than previous quarter

Overall: decreasing (-53.37%). 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 92.25 (%).Trend:Increase 182.28% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 53.13 (%).Trend:Decrease 42.41% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 35.53 (%).Trend:Decrease 33.13% than previous quarter

Overall: decreasing (-61.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.1 (%).Trend:Decrease 13.98% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.41 (%).Trend:Increase 7.66% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.26 (%).Trend:Decrease 0.81% than previous quarter

Overall: increasing (6.78%). 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 37.56 (%).Trend:Decrease 5.18% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 37.52 (%).Trend:Decrease 0.11% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 37.98 (%).Trend:Increase 1.23% than previous quarter

Overall: increasing (1.12%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q1 2021 to Q3 2021 financial data reveals significant fluctuations in key working capital and cost efficiency metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially, indicating potential areas for concern.  In contrast, SG&A expenses increased slightly, while retained earnings on assets showed minimal change.  Further investigation is warranted due to the considerable variability observed.