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 66.39 (%).Trend:Increase 106.05% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.9 (%).Trend:Decrease 44.42% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.11 (%).Trend:Decrease 23.82% than previous quarter

Overall: decreasing (-57.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 134.21 (%).Trend:Increase 88.84% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.7 (%).Trend:Decrease 42.85% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 55.07 (%).Trend:Decrease 28.2% than previous quarter

Overall: decreasing (-58.97%). 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 6.78 (%).Trend:Decrease 879.31% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 3.86 (%).Trend:Decrease 43.07% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 3.95 (%).Trend:Increase 2.33% than previous quarter

Overall: decreasing (-41.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.82 (%).Trend:Decrease 12.39% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.87 (%).Trend:Increase 9.59% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.54 (%).Trend:Decrease 3.81% than previous quarter

Overall: increasing (5.41%). 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 2.91 (%).Trend:Decrease 488.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 2.9 (%).Trend:Decrease 0.34% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 4.4 (%).Trend:Increase 51.72% than previous quarter

Overall: increasing (51.2%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.12 (USD).Trend:Increase 154.55% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.53 (USD).Trend:Increase 36.61% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.63 (USD).Trend:Increase 71.9% than previous quarter

Overall: increasing (134.82%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 financial data displays financial adjustments. Liabilities and current assets on revenue decreased, indicating possible changes in operational strategy. Cost efficiency metrics exhibited substantial decline in the ratio of retained earnings to revenue.  The SG&A expense ratio showed modest variations, while investment efficiency and earnings per share increased, indicating potential business improvement. However, considerable volatility is present in most financial metrics.