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 68.65 (%).Trend:Increase 125.3% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 35.07 (%).Trend:Decrease 48.91% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.63 (%).Trend:Decrease 26.92% than previous quarter

Overall: decreasing (-62.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 158.91 (%).Trend:Increase 140.59% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 85.72 (%).Trend:Decrease 46.06% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 60.67 (%).Trend:Decrease 29.22% than previous quarter

Overall: decreasing (-61.82%). 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 46.82 (%).Trend:Increase 193.36% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 28.09 (%).Trend:Decrease 40.0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 21.14 (%).Trend:Decrease 24.74% than previous quarter

Overall: decreasing (-54.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.36 (%).Trend:Decrease 17.21% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.07 (%).Trend:Increase 5.63% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.95 (%).Trend:Increase 5.86% than previous quarter

Overall: increasing (11.82%). 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 13.81 (%).Trend:Increase 33.56% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 16.39 (%).Trend:Increase 18.68% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 17.6 (%).Trend:Increase 7.38% than previous quarter

Overall: increasing (27.44%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.14 (USD).Trend:Increase 14.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.22 (USD).Trend:Increase 94.74% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.75 (USD).Trend:Increase 23.87% than previous quarter

Overall: increasing (141.23%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation in both liabilities and current assets on revenue, with substantial increases and decreases across quarters 1-3 of 2021.  Liabilities on revenue increased by 125.3% in Q1 2021, then decreased by 48.91% in Q2 and 26.92% in Q3, resulting in an overall decrease of 62.67% for the period.  Current assets on revenue saw a dramatic 140.59% increase in Q1 2021, followed by substantial decreases of 46.06% in Q2 and 29.22% in Q3, resulting in an overall decrease of 61.82% for the period.  Cost efficiency shows a significant fluctuation in the ratio of retained earnings to revenue, with a massive 193.36% increase in Q1 2021, then significant decreases of 40% in Q2 and 24.74% in Q3, resulting in an overall decrease of 54.85%.  SG&A expense ratio showed little fluctuation, increasing overall by 11.82%.  Investment efficiency saw a steady increase of retained earnings on assets, with increases of 33.56%, 18.68%, and 7.38% over the three quarters, resulting in an overall increase of 27.44%. Earnings per share showed a significant increase of 141.23% overall, with notable fluctuations each quarter.