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 238.99 (%).Trend:Increase 293.14% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 80.33 (%).Trend:Decrease 66.39% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 51.01 (%).Trend:Decrease 36.5% than previous quarter

Overall: decreasing (-78.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 308.25 (%).Trend:Increase 298.0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 113.33 (%).Trend:Decrease 63.23% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 72.43 (%).Trend:Decrease 36.09% than previous quarter

Overall: decreasing (-76.5%). 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 174.34 (%).Trend:Decrease 2355.37% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 89.49 (%).Trend:Decrease 48.67% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 61.21 (%).Trend:Decrease 31.6% than previous quarter

Overall: decreasing (-64.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.18 (%).Trend:Decrease 12.12% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.67 (%).Trend:Decrease 2.3% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.56 (%).Trend:Decrease 0.51% than previous quarter

Overall: decreasing (-2.8%). 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 22.36 (%).Trend:Decrease 842.86% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 26.14 (%).Trend:Increase 16.91% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 27.38 (%).Trend:Increase 4.74% than previous quarter

Overall: increasing (22.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 135.29% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.22 (USD).Trend:Increase 266.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 59.09% than previous quarter

Overall: increasing (483.33%). Fluctuation: **Significant** (high variation).



Financial statements for 2021 reveal considerable volatility in key performance indicators. Liabilities and current assets on revenue exhibited a pattern of decrease followed by a substantial increase.  Cost efficiency showed a consistent downward trend in the SG&A expense ratio, but the ratio of retained earnings to revenue saw extremely high fluctuations.  Investment efficiency saw a consistent upward trend in retained earnings on assets. Earnings per share displayed significant variation, with notable increases and decreases.