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 71.09 (%).Trend:Increase 187.7% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.02 (%).Trend:Decrease 49.33% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.48 (%).Trend:Decrease 29.26% than previous quarter

Overall: decreasing (-64.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 139.46 (%).Trend:Increase 203.7% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 67.0 (%).Trend:Decrease 51.96% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 46.08 (%).Trend:Decrease 31.22% than previous quarter

Overall: decreasing (-66.96%). 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 -165.14 (%).Trend:Increase 159.21% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -84.97 (%).Trend:Decrease 48.55% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -59.04 (%).Trend:Decrease 30.52% than previous quarter

Overall: increasing (-64.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.41 (%).Trend:Decrease 19.05% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.85 (%).Trend:Increase 3.55% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.86 (%).Trend:Increase 0.08% than previous quarter

Overall: increasing (3.63%). 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 -21.42 (%).Trend:Decrease 3.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -22.38 (%).Trend:Increase 4.48% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -22.88 (%).Trend:Increase 2.23% than previous quarter

Overall: decreasing (6.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.08 (USD).Trend:Decrease 48.57% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 93.52% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.97 (USD).Trend:Increase 42.11% than previous quarter

Overall: increasing (175.0%). Fluctuation: **Significant** (high variation).



The Q1-Q3 2021 financial data shows significant volatility. Liabilities and current assets on revenue decreased sharply (-64.16% and -66.96%), suggesting potential working capital issues.  The ratio of retained earnings to revenue increased significantly (-64.25%), while SG&A expenses only slightly increased (3.63%). Retained earnings on assets also decreased (-6.82%), and earnings per share exhibited a substantial increase (175%).  Further analysis is needed.