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 69.25 (%).Trend:Increase 111.39% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.45 (%).Trend:Decrease 45.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.0 (%).Trend:Decrease 30.57% than previous quarter

Overall: decreasing (-62.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 203.12 (%).Trend:Increase 164.75% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 109.15 (%).Trend:Decrease 46.26% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 65.33 (%).Trend:Decrease 40.15% than previous quarter

Overall: decreasing (-67.84%). 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 145.63 (%).Trend:Increase 184.66% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 76.59 (%).Trend:Decrease 47.41% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 42.83 (%).Trend:Decrease 44.08% than previous quarter

Overall: decreasing (-70.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.69 (%).Trend:Decrease 8.18% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.91 (%).Trend:Increase 4.94% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.89 (%).Trend:Decrease 0.08% than previous quarter

Overall: increasing (4.86%). 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 39.93 (%).Trend:Increase 15.34% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.7 (%).Trend:Increase 1.93% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 36.66 (%).Trend:Decrease 9.93% than previous quarter

Overall: decreasing (-8.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.05 (USD).Trend:Decrease 21.64% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 90.48% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.26 (USD).Trend:Increase 63.0% than previous quarter

Overall: increasing (210.48%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 reveals substantial volatility across several key performance indicators.  Working capital efficiency metrics (liabilities and current assets on revenue) show significant decreases, alongside a sharp drop in the ratio of retained earnings to revenue.  The SG&A expense ratio remained relatively stable, while retained earnings on assets showed a minor decline.  Earnings per share, however, demonstrated substantial growth.