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 43.3 (%).Trend:Increase 270.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.58 (%).Trend:Decrease 13.21% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.64 (%).Trend:Decrease 13.15% than previous quarter

Overall: decreasing (-24.62%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 94.24 (%).Trend:Increase 115.26% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 49.98 (%).Trend:Decrease 46.97% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 35.66 (%).Trend:Decrease 28.65% than previous quarter

Overall: decreasing (-62.16%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.59 (%).Trend:Decrease 36.12% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.62 (%).Trend:Decrease 5.22% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.09 (%).Trend:Decrease 8.68% than previous quarter

Overall: decreasing (-13.45%). 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
Earning Per Share


Financial statements show mixed trends in efficiency metrics. Working capital efficiency shows a decreasing liability trend and a significantly fluctuating current asset trend. Cost efficiency displays a consistent decrease in SG&A expenses. No information is provided for investment efficiency.  These results require further analysis to draw meaningful conclusions.