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 54.29 (%).Trend:Increase 163.29% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.74 (%).Trend:Decrease 50.75% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.06 (%).Trend:Decrease 17.5% than previous quarter

Overall: decreasing (-59.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 198.87 (%).Trend:Increase 158.31% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 101.51 (%).Trend:Decrease 48.96% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 72.63 (%).Trend:Decrease 28.45% than previous quarter

Overall: decreasing (-63.48%). 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 282.19 (%).Trend:Increase 139.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 138.83 (%).Trend:Decrease 50.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 95.06 (%).Trend:Decrease 31.53% than previous quarter

Overall: decreasing (-66.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.19 (%).Trend:Decrease 28.74% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.13 (%).Trend:Decrease 5.04% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.15 (%).Trend:Increase 1.77% than previous quarter

Overall: decreasing (-3.36%). 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 41.51 (%).Trend:Increase 1.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 42.6 (%).Trend:Increase 2.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 42.57 (%).Trend:Decrease 0.07% than previous quarter

Overall: increasing (2.55%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 2021 to Q3 2021 show a largely negative trend.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue are all decreasing significantly, with high variability.  However, selling, general, and administrative (SG&A) expense ratios are decreasing with only moderate fluctuation.  Investment efficiency, measured by retained earnings on assets, is increasing, though again with minimal fluctuation.