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 104.53 (%).Trend:Increase 190.2% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 54.16 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.3 (%).Trend:Decrease 31.13% than previous quarter

Overall: decreasing (-64.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 194.01 (%).Trend:Increase 170.43% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 98.58 (%).Trend:Decrease 49.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 70.67 (%).Trend:Decrease 28.31% than previous quarter

Overall: decreasing (-63.57%). 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 94.5 (%).Trend:Increase 158.98% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 44.68 (%).Trend:Decrease 52.72% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 32.58 (%).Trend:Decrease 27.08% than previous quarter

Overall: decreasing (-65.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.68 (%).Trend:Increase 1.26% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.03 (%).Trend:Increase 3.62% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.08 (%).Trend:Decrease 9.47% than previous quarter

Overall: decreasing (-6.2%). 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 18.93 (%).Trend:Decrease 0.73% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 18.47 (%).Trend:Decrease 2.43% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 20.64 (%).Trend:Increase 11.75% than previous quarter

Overall: increasing (9.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 52.46% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.97 (USD).Trend:Increase 67.24% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.26 (USD).Trend:Increase 132.99% than previous quarter

Overall: increasing (289.66%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased by 64.32% from Q1 2021 to Q3 2021, but with large quarter-to-quarter changes.  Current assets on revenue also decreased by 63.57% with similarly significant fluctuations.  Cost efficiency shows a decrease in the ratio of retained earnings to revenue of 65.52%, again with large changes.  SG&A expense ratio decreased by 6.2% with low variation. Investment efficiency shows a small increase of 9.03% with low fluctuation in retained earnings on assets.  Earnings per share saw a substantial increase of 289.66%, with significant fluctuation.