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 52.6 (%).Trend:Increase 275.18% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 25.11 (%).Trend:Decrease 52.26% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.94 (%).Trend:Decrease 24.57% than previous quarter

Overall: decreasing (-63.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 237.12 (%).Trend:Increase 337.01% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 79.76 (%).Trend:Decrease 66.36% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 51.68 (%).Trend:Decrease 35.21% than previous quarter

Overall: decreasing (-78.21%). 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 97.85 (%).Trend:Increase 202.75% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 50.9 (%).Trend:Decrease 47.98% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 35.44 (%).Trend:Decrease 30.37% than previous quarter

Overall: decreasing (-63.78%). 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 28.33 (%).Trend:Decrease 19.29% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 38.88 (%).Trend:Increase 37.24% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 42.02 (%).Trend:Increase 8.08% than previous quarter

Overall: increasing (48.32%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.03 (USD).Trend:Decrease 147.47% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.15 (USD).Trend:Decrease 114.56% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.21 (USD).Trend:Increase 706.67% than previous quarter

Overall: increasing (-217.48%). Fluctuation: **Significant** (high variation).



Q1 to Q3 2021 financial data indicates a pattern of declining working capital efficiency, cost efficiency, and earnings per share. Liabilities on revenue, current assets on revenue, and retained earnings-to-revenue ratio all decreased significantly.  Earnings per share, initially negative, saw a large increase in Q3 2021. However, retained earnings on assets show a more consistent, positive upward trend.