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 86.0 (%).Trend:Increase 136.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 52.37 (%).Trend:Decrease 39.1% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.17 (%).Trend:Decrease 23.3% than previous quarter

Overall: decreasing (-53.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 135.7 (%).Trend:Increase 137.15% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 70.95 (%).Trend:Decrease 47.72% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 51.37 (%).Trend:Decrease 27.6% than previous quarter

Overall: decreasing (-62.14%). 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 84.95 (%).Trend:Increase 171.84% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 45.52 (%).Trend:Decrease 46.42% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 32.64 (%).Trend:Decrease 28.3% than previous quarter

Overall: decreasing (-61.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 22.42 (%).Trend:Increase 14.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.22 (%).Trend:Decrease 0.89% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 22.67 (%).Trend:Increase 2.03% than previous quarter

Overall: increasing (1.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 45.93% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.52 (USD).Trend:Increase 108.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.23 (USD).Trend:Increase 46.71% than previous quarter

Overall: increasing (205.48%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased overall, but with high variation across quarters. Current assets on revenue also decreased significantly and erratically.  The ratio of retained earnings to revenue decreased significantly and erratically.  Investment efficiency, as measured by retained earnings on assets, showed a slight increase with minimal variation. Earnings per share saw a substantial increase, although with substantial quarter-to-quarter fluctuations.