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 48.76 (%).Trend:Increase 171.79% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 27.12 (%).Trend:Decrease 44.38% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.24 (%).Trend:Decrease 32.74% than previous quarter

Overall: decreasing (-62.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 90.92 (%).Trend:Increase 174.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 46.85 (%).Trend:Decrease 48.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 31.34 (%).Trend:Decrease 33.11% than previous quarter

Overall: decreasing (-65.53%). 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 95.04 (%).Trend:Increase 192.07% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 46.07 (%).Trend:Decrease 51.53% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 30.96 (%).Trend:Decrease 32.8% than previous quarter

Overall: decreasing (-67.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.41 (%).Trend:Increase 27.23% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.09 (%).Trend:Decrease 9.84% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.31 (%).Trend:Decrease 6.45% than previous quarter

Overall: decreasing (-15.66%). 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 31.51 (%).Trend:Increase 11.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 32.22 (%).Trend:Increase 2.25% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 33.59 (%).Trend:Increase 4.25% than previous quarter

Overall: increasing (6.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.24 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.68 (USD).Trend:Increase 183.33% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.09 (USD).Trend:Increase 60.29% than previous quarter

Overall: increasing (354.17%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 indicate substantial volatility across key metrics. Working capital efficiency, measured by liabilities and current assets on revenue, experienced sharp declines.  Cost efficiency, as indicated by the declining retained earnings to revenue ratio, saw considerable variation.  Selling, General, and Administrative (SG&A) expenses decreased slightly over the period. Investment efficiency, as measured by retained earnings on assets, showed a steady and modest increase. Earning per share showed substantial increases, significantly higher in the later quarters of the period.