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 208.53 (%).Trend:Increase 509.2% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 83.58 (%).Trend:Decrease 59.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.12 (%).Trend:Decrease 63.96% than previous quarter

Overall: decreasing (-85.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 388.29 (%).Trend:Increase 399.86% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 187.69 (%).Trend:Decrease 51.66% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 103.55 (%).Trend:Decrease 44.83% than previous quarter

Overall: decreasing (-73.33%). 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 45.53 (%).Trend:Increase 388.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 33.86 (%).Trend:Decrease 25.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 26.19 (%).Trend:Decrease 22.65% than previous quarter

Overall: decreasing (-42.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.55 (%).Trend:Increase 20.59% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.87 (%).Trend:Decrease 1.91% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.26 (%).Trend:Decrease 4.62% than previous quarter

Overall: decreasing (-6.44%). 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 6.21 (%).Trend:Increase 10.11% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.67 (%).Trend:Increase 55.72% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 12.82 (%).Trend:Increase 32.57% than previous quarter

Overall: increasing (106.44%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.21 (USD).Trend:Decrease 81.9% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.16 (USD).Trend:Increase 452.38% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.79 (USD).Trend:Increase 54.31% than previous quarter

Overall: increasing (752.38%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, key financial metrics show mixed trends. Liabilities and current assets on revenue decreased substantially, indicating potential challenges in working capital management.  Ratio of retained earnings to revenue also declined significantly, while SG&A expense ratio showed a modest decrease. However, retained earnings on assets and earnings per share witnessed substantial growth, suggesting potential for future investment.