Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 3: Liabilities on Revenue 38.54 (%).Trend:Decrease 39.97% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50.12 (%).Trend:Increase 30.05% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.72 (%).Trend:Decrease 40.7% than previous quarter

Overall: decreasing (-22.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 70.59 (%).Trend:Decrease 38.0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.66 (%).Trend:Increase 25.6% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 57.83 (%).Trend:Decrease 34.77% than previous quarter

Overall: decreasing (-18.08%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2020 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 612.42 (%).Trend:Decrease 36.87% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 865.4 (%).Trend:Increase 41.31% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 567.52 (%).Trend:Decrease 34.42% than previous quarter

Overall: decreasing (-7.33%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.0 (%).Trend:Decrease 10.71% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.37 (%).Trend:Decrease 21.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.28 (%).Trend:Decrease 0.96% than previous quarter

Overall: decreasing (-22.67%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 3 in 2020 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 3: Retained Earning on Assets 693.41 (%).Trend:Increase 3.73% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 707.96 (%).Trend:Increase 2.1% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 719.64 (%).Trend:Increase 1.65% than previous quarter

Overall: increasing (3.78%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency, specifically liabilities on revenue, decreased by 22.89% with significant fluctuations.  Current assets on revenue also decreased by 18.08% with moderate variation. Cost efficiency, measured by the ratio of retained earnings to revenue, declined by 7.33% with moderate fluctuation. SG&A expense ratio decreased by 22.67% exhibiting moderate fluctuations.  Investment efficiency, as indicated by retained earnings on assets, increased by 3.78% with little fluctuation.