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 75.63 (%).Trend:Increase 190.21% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.61 (%).Trend:Decrease 48.95% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.96 (%).Trend:Decrease 30.17% than previous quarter

Overall: decreasing (-64.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 228.2 (%).Trend:Increase 186.54% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 100.87 (%).Trend:Decrease 55.8% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 65.94 (%).Trend:Decrease 34.63% than previous quarter

Overall: decreasing (-71.1%). 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 257.56 (%).Trend:Increase 199.98% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 130.73 (%).Trend:Decrease 49.24% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 88.03 (%).Trend:Decrease 32.66% than previous quarter

Overall: decreasing (-65.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 54.9 (%).Trend:Increase 9.91% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 59.98 (%).Trend:Increase 9.25% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 62.31 (%).Trend:Increase 3.88% than previous quarter

Overall: increasing (13.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.95 (USD).Trend:Decrease 42.77% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.78 (USD).Trend:Increase 87.37% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.57 (USD).Trend:Increase 44.38% than previous quarter

Overall: increasing (170.53%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 reveals significant fluctuations in key metrics.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially (-64.35%, -71.1%, -65.82% respectively), indicating potential areas of concern. However, retained earnings on assets showed a modest increase (13.5%), while earnings per share experienced a substantial increase (170.53%), suggesting positive growth despite working capital challenges.