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 87.97 (%).Trend:Increase 172.69% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.41 (%).Trend:Decrease 44.97% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 38.13 (%).Trend:Decrease 21.24% than previous quarter

Overall: decreasing (-56.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 230.06 (%).Trend:Increase 167.95% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 97.98 (%).Trend:Decrease 57.41% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 72.04 (%).Trend:Decrease 26.47% than previous quarter

Overall: decreasing (-68.69%). 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 195.89 (%).Trend:Increase 158.5% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 99.02 (%).Trend:Decrease 49.45% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 68.7 (%).Trend:Decrease 30.62% than previous quarter

Overall: decreasing (-64.93%). 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 46.22 (%).Trend:Increase 5.21% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 46.14 (%).Trend:Decrease 0.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 44.74 (%).Trend:Decrease 3.03% than previous quarter

Overall: decreasing (-3.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.39 (USD).Trend:Decrease 33.43% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.44 (USD).Trend:Increase 85.77% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.42 (USD).Trend:Increase 44.59% than previous quarter

Overall: increasing (168.62%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 demonstrate decreasing working capital efficiency. Liabilities on revenue decreased significantly, showing substantial variation. Current assets on revenue similarly decrease with significant fluctuation. Cost efficiency, measured by retained earnings to revenue, is also decreasing significantly. Investment efficiency, as measured by the retained earnings-to-asset ratio, shows a slightly decreasing trend with little variation. Earnings per share exhibit a large increase in overall value.