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 31.52 (%).Trend:Increase 157.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 18.72 (%).Trend:Decrease 40.61% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 13.69 (%).Trend:Decrease 26.87% than previous quarter

Overall: decreasing (-56.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 34.69 (%).Trend:Increase 151.19% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 21.15 (%).Trend:Decrease 39.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 15.37 (%).Trend:Decrease 27.33% than previous quarter

Overall: decreasing (-55.69%). 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 7.64 (%).Trend:Increase 177.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4.89 (%).Trend:Decrease 35.99% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 4.01 (%).Trend:Decrease 18.0% than previous quarter

Overall: decreasing (-47.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.88 (%).Trend:Decrease 1.11% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.77 (%).Trend:Decrease 0.43% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.65 (%).Trend:Decrease 0.47% than previous quarter

Overall: decreasing (-0.89%). 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 6.07 (%).Trend:Increase 7.82% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 6.75 (%).Trend:Increase 11.2% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 7.83 (%).Trend:Increase 16.0% than previous quarter

Overall: increasing (29.0%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 55.06% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 58.75% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.97 (USD).Trend:Increase 55.12% than previous quarter

Overall: increasing (146.25%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 reveal several key trends.  Liabilities and current assets on revenue demonstrate substantial, negative trends with significant quarterly fluctuations.  Cost efficiency, measured by the ratio of retained earnings to revenue, also shows a notable negative trend, while SG&A expense ratio is declining steadily. Investment efficiency (retained earnings on assets) shows a positive upward trend, with modest fluctuation.  Earnings per share show a large increase over the quarters, but high variation.