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 58.17 (%).Trend:Increase 153.35% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 31.27 (%).Trend:Decrease 46.24% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.03 (%).Trend:Decrease 23.15% than previous quarter

Overall: decreasing (-58.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 194.53 (%).Trend:Increase 170.67% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 100.73 (%).Trend:Decrease 48.22% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 69.21 (%).Trend:Decrease 31.29% than previous quarter

Overall: decreasing (-64.42%). 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 -255.1 (%).Trend:Increase 125.39% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -117.63 (%).Trend:Decrease 53.89% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -75.08 (%).Trend:Decrease 36.17% than previous quarter

Overall: increasing (-70.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.56 (%).Trend:Decrease 16.9% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.01 (%).Trend:Increase 6.15% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.55 (%).Trend:Increase 2.16% than previous quarter

Overall: increasing (8.45%). 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
Year 2021 Quarter 1: Retained Earning on Assets -31.35 (%).Trend:Decrease 9.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -28.79 (%).Trend:Decrease 8.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -25.39 (%).Trend:Decrease 11.81% than previous quarter

Overall: increasing (-19.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.33 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.66 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.81 (USD).Trend:Increase 22.73% than previous quarter

Overall: increasing (145.45%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 highlight considerable fluctuations in key financial metrics. Liabilities on revenue decreased significantly throughout the period, while current assets on revenue also declined.  Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibited significant variation, increasing then decreasing.  Selling, general, and administrative (SG&A) expenses remained relatively stable, exhibiting a small uptrend.  Invest efficiency and earnings per share showed significant variation, with earnings per share demonstrating substantial increases.  Overall, the data suggests significant volatility in most financial areas during this period.