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


Working capital efficiency shows negative trends for Q1 2021 to Q3 2021.  Liabilities on revenue decreased from Q1 to Q3, while current assets on revenue also decreased, with substantial variation, across the three quarters. Cost efficiency, as measured by the ratio of retained earnings to revenue, declined significantly.  The SG&A expense ratio also showed a general decreasing trend, with moderate variation. Investment efficiency, as measured by retained earnings on assets, shows a significant increase.