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 336.32 (%).Trend:Increase 236.66% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 159.76 (%).Trend:Decrease 52.5% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 126.61 (%).Trend:Decrease 20.75% than previous quarter

Overall: decreasing (-62.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 342.25 (%).Trend:Increase 196.35% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 163.74 (%).Trend:Decrease 52.16% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 124.37 (%).Trend:Decrease 24.04% than previous quarter

Overall: decreasing (-63.66%). 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 353.81 (%).Trend:Increase 168.71% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 199.02 (%).Trend:Decrease 43.75% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 142.48 (%).Trend:Decrease 28.41% than previous quarter

Overall: decreasing (-59.73%). 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 31.61 (%).Trend:Decrease 14.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 33.91 (%).Trend:Increase 7.28% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 34.22 (%).Trend:Increase 0.91% than previous quarter

Overall: increasing (8.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.81 (USD).Trend:Decrease 58.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.89 (USD).Trend:Increase 114.92% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.61 (USD).Trend:Increase 44.22% than previous quarter

Overall: increasing (209.94%). Fluctuation: **Significant** (high variation).



Significant decreases were observed in liabilities on revenue (-62.35%), current assets on revenue (-63.66%), and the ratio of retained earnings to revenue (-59.73%) from Q1 2021 to Q3 2021, suggesting potential financial challenges. Conversely, retained earnings on assets increased slightly (8.26%), and earnings per share showed a substantial increase (209.94%), despite considerable volatility.  The absence of SG&A data limits the analysis.