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 56.31 (%).Trend:Increase 150.6% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 34.14 (%).Trend:Decrease 39.37% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.99 (%).Trend:Decrease 29.73% than previous quarter

Overall: decreasing (-57.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 119.74 (%).Trend:Increase 143.47% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 62.9 (%).Trend:Decrease 47.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 59.1 (%).Trend:Decrease 6.04% than previous quarter

Overall: decreasing (-50.64%). 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 85.68 (%).Trend:Increase 247.87% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 42.88 (%).Trend:Decrease 49.95% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 26.59 (%).Trend:Decrease 37.99% than previous quarter

Overall: decreasing (-68.97%). 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 27.07 (%).Trend:Increase 12.42% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 25.77 (%).Trend:Decrease 4.8% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 21.89 (%).Trend:Decrease 15.06% than previous quarter

Overall: decreasing (-19.14%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 65.91% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.06 (USD).Trend:Decrease 60.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.24 (USD).Trend:Increase 300.0% than previous quarter

Overall: increasing (60.0%). Fluctuation: **Significant** (high variation).



Financial performance for Q1 to Q3 2021 reveals a mixed picture of financial trends with high variability.  Liabilities and current assets on revenue decreased overall but fluctuate substantially.  Cost efficiency, as reflected by the retained earnings-to-revenue ratio, also displays a significant decrease overall. Investment efficiency shows a decrease over the three quarters. Earning per share trended upwards during Q3 2021, showing a large increase versus the previous quarter, but decreased significantly in the first two quarters.