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 124.13 (%).Trend:Increase 95.14% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 61.66 (%).Trend:Decrease 50.33% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 44.26 (%).Trend:Decrease 28.22% than previous quarter

Overall: decreasing (-64.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 715.92 (%).Trend:Increase 132.13% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 376.58 (%).Trend:Decrease 47.4% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 259.07 (%).Trend:Decrease 31.2% than previous quarter

Overall: decreasing (-63.81%). 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 295.62 (%).Trend:Increase 176.54% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 162.02 (%).Trend:Decrease 45.19% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 113.88 (%).Trend:Decrease 29.71% than previous quarter

Overall: decreasing (-61.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.24 (%).Trend:Decrease 22.09% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.9 (%).Trend:Increase 13.56% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.14 (%).Trend:Increase 1.73% than previous quarter

Overall: increasing (15.52%). 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 30.23 (%).Trend:Increase 20.58% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 31.63 (%).Trend:Increase 4.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 32.47 (%).Trend:Increase 2.66% than previous quarter

Overall: increasing (7.41%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.09 (USD).Trend:Decrease 34.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.94 (USD).Trend:Increase 77.98% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.91 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (166.97%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize key financial metrics in Q1-Q3 2021.  Working capital efficiency indicators (liabilities and current assets on revenue) decreased substantially.  While the ratio of retained earnings to revenue also dropped significantly,  SG&A expense remained stable, and retained earnings on assets showed positive, albeit slight growth. Earnings per share demonstrated substantial growth.