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 44.59 (%).Trend:Increase 147.72% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 23.1 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 13.32 (%).Trend:Decrease 42.34% than previous quarter

Overall: decreasing (-70.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 85.55 (%).Trend:Increase 150.15% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 50.41 (%).Trend:Decrease 41.08% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 27.73 (%).Trend:Decrease 44.99% than previous quarter

Overall: decreasing (-67.59%). 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 17.61 (%).Trend:Increase 151.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 12.64 (%).Trend:Decrease 28.22% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 8.3 (%).Trend:Decrease 34.34% than previous quarter

Overall: decreasing (-52.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.68 (%).Trend:Decrease 3.05% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.69 (%).Trend:Decrease 10.11% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.04 (%).Trend:Decrease 3.67% than previous quarter

Overall: decreasing (-13.41%). 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 7.84 (%).Trend:Decrease 25.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.6 (%).Trend:Increase 47.96% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.72 (%).Trend:Increase 1.03% than previous quarter

Overall: increasing (49.49%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.84 (USD).Trend:Decrease 43.62% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.24 (USD).Trend:Increase 285.71% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.23 (USD).Trend:Increase 92.28% than previous quarter

Overall: increasing (641.67%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation in Q1-Q3 2021. Liabilities on revenue increased dramatically in Q1, then decreased substantially in Q2 and Q3, ending with a significant overall decrease. Current assets on revenue also saw a significant increase in Q1, followed by a substantial decrease in Q2 and Q3, resulting in a significant overall decrease. Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue, with high variation across quarters.  Selling, general, and administrative (SG&A) expenses show a consistent decrease with low variation. Invest efficiency shows a neutral fluctuation in retained earnings on assets. Earning per share shows significant fluctuation, with a large increase in Q2 and Q3 2021.