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 139.82 (%).Trend:Increase 196.86% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64.04 (%).Trend:Decrease 54.2% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 47.33 (%).Trend:Decrease 26.09% than previous quarter

Overall: decreasing (-66.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 187.32 (%).Trend:Increase 203.01% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.87 (%).Trend:Decrease 52.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 63.32 (%).Trend:Decrease 28.75% than previous quarter

Overall: decreasing (-66.2%). 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 486.09 (%).Trend:Increase 236.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 236.41 (%).Trend:Decrease 51.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 152.65 (%).Trend:Decrease 35.43% than previous quarter

Overall: decreasing (-68.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.93 (%).Trend:Increase 1.23% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.82 (%).Trend:Decrease 0.46% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.76 (%).Trend:Decrease 0.25% than previous quarter

Overall: decreasing (-0.71%). 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 93.12 (%).Trend:Decrease 0.76% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 94.97 (%).Trend:Increase 1.99% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 92.4 (%).Trend:Decrease 2.71% than previous quarter

Overall: decreasing (-0.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 5.11 (USD).Trend:Decrease 22.1% than previous quarter
Year 2021 Quarter 2: Earning Per Share 8.67 (USD).Trend:Increase 69.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 11.01 (USD).Trend:Increase 26.99% than previous quarter

Overall: increasing (115.46%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2021 indicate a downward trend across most metrics. Liabilities and current assets on revenue show considerable decreases and significant variation. The retained earnings to revenue ratio also decreased substantially across the period, while the SG&A expense ratio displays minimal change.  Investment efficiency, measured by retained earnings on assets, shows slight decreases. However, earnings per share show a notable increase. The substantial decreases across many metrics suggest further review.