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 98.31 (%).Trend:Increase 289.35% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.52 (%).Trend:Decrease 10.98% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 61.04 (%).Trend:Decrease 30.26% than previous quarter

Overall: decreasing (-37.91%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 129.33 (%).Trend:Increase 249.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 47.52 (%).Trend:Decrease 63.26% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 44.99 (%).Trend:Decrease 5.32% than previous quarter

Overall: decreasing (-65.21%). 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 15.3 (%).Trend:Increase 3.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4.85 (%).Trend:Decrease 68.3% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 7.06 (%).Trend:Increase 45.57% than previous quarter

Overall: decreasing (-53.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.46 (%).Trend:Increase 53.49% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.14 (%).Trend:Decrease 21.88% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.1 (%).Trend:Decrease 11.63% than previous quarter

Overall: decreasing (-30.96%). Fluctuation: **Neutral** (moderate 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 0.99 (%).Trend:Decrease 71.95% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 0.83 (%).Trend:Decrease 16.16% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 2.07 (%).Trend:Increase 149.4% than previous quarter

Overall: increasing (109.09%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2021 to Q3 2021 show diverse trends. Liabilities on revenue displayed a decreasing trend with moderate variation.  Current assets on revenue also decreased but with substantial volatility. Cost efficiency, represented by the ratio of retained earnings to revenue and the SG&A expense ratio, showed a decline across the period. Finally, investment efficiency, measured by retained earnings on assets, exhibited a notable overall increase despite substantial fluctuation.