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 112.23 (%).Trend:Increase 235.92% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.83 (%).Trend:Decrease 58.27% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 33.24 (%).Trend:Decrease 29.02% than previous quarter

Overall: decreasing (-70.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 170.42 (%).Trend:Increase 189.88% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 73.66 (%).Trend:Decrease 56.78% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 48.63 (%).Trend:Decrease 33.98% than previous quarter

Overall: decreasing (-71.46%). 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 -19.16 (%).Trend:Increase 83.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -4.23 (%).Trend:Decrease 77.92% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 1.09 (%).Trend:Decrease 125.77% than previous quarter

Overall: increasing (-105.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.81 (%).Trend:Decrease 17.35% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.86 (%).Trend:Increase 2.76% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.8 (%).Trend:Decrease 3.23% than previous quarter

Overall: decreasing (-0.55%). 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 -3.68 (%).Trend:Decrease 27.27% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -1.67 (%).Trend:Decrease 54.62% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 0.68 (%).Trend:Decrease 140.72% than previous quarter

Overall: increasing (-118.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.94 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.6 (USD).Trend:Increase 176.6% than previous quarter
Year 2021 Quarter 3: Earning Per Share 4.4 (USD).Trend:Increase 69.23% than previous quarter

Overall: increasing (368.09%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 show significant volatility in working capital efficiency metrics. Liabilities on revenue decreased from Q1 to Q3, while current assets on revenue also experienced a significant decrease across the same timeframe.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a dramatic overall increase that is still negative, despite fluctuating extensively.  The SG&A expense ratio is consistently decreasing with little variation.  Investment efficiency metrics, particularly retained earnings on assets, show large decreases.  Earnings per share show a significant increase throughout the period.