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 196.54 (%).Trend:Increase 235.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 99.64 (%).Trend:Decrease 49.3% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 73.97 (%).Trend:Decrease 25.76% than previous quarter

Overall: decreasing (-62.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 222.43 (%).Trend:Increase 205.66% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 119.68 (%).Trend:Decrease 46.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.53 (%).Trend:Decrease 47.75% than previous quarter

Overall: decreasing (-71.89%). 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 446.05 (%).Trend:Increase 429.12% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 223.22 (%).Trend:Decrease 49.96% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 151.67 (%).Trend:Decrease 32.05% than previous quarter

Overall: decreasing (-66.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.0 (%).Trend:Increase 7.8% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.3 (%).Trend:Increase 0.88% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.55 (%).Trend:Increase 0.73% than previous quarter

Overall: increasing (1.62%). 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 39.33 (%).Trend:Increase 54.72% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 39.71 (%).Trend:Increase 0.97% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 39.28 (%).Trend:Decrease 1.08% than previous quarter

Overall: decreasing (-0.13%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 73.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 181.48% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.18 (USD).Trend:Increase 55.26% than previous quarter

Overall: increasing (337.04%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 show considerable volatility in working capital efficiency, particularly in liability and current asset ratios. Cost efficiency, as measured by the ratio of retained earnings to revenue, experienced significant fluctuations.  The selling, general, and administrative (SG&A) expense ratio displayed a slight upward trend. Investment efficiency exhibited minimal change in retained earnings on assets.  Earnings per share experienced a substantial overall increase but with large fluctuations quarter-over-quarter.