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 87.67 (%).Trend:Increase 194.69% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 44.76 (%).Trend:Decrease 48.94% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.59 (%).Trend:Decrease 33.89% than previous quarter

Overall: decreasing (-66.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 207.47 (%).Trend:Increase 179.23% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.55 (%).Trend:Decrease 53.95% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 63.62 (%).Trend:Decrease 33.42% than previous quarter

Overall: decreasing (-69.34%). 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 294.54 (%).Trend:Increase 178.31% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 139.98 (%).Trend:Decrease 52.48% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 93.69 (%).Trend:Decrease 33.07% than previous quarter

Overall: decreasing (-68.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.43 (%).Trend:Decrease 7.49% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.43 (%).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.77 (%).Trend:Increase 2.07% than previous quarter

Overall: increasing (2.07%). 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 75.87 (%).Trend:Decrease 0.04% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 68.65 (%).Trend:Decrease 9.52% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 69.71 (%).Trend:Increase 1.54% than previous quarter

Overall: decreasing (-8.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.6 (USD).Trend:Decrease 47.05% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.53 (USD).Trend:Increase 112.69% than previous quarter
Year 2021 Quarter 3: Earning Per Share 7.97 (USD).Trend:Increase 44.12% than previous quarter

Overall: increasing (206.54%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show overall declines in working capital efficiency. Liabilities and current assets on revenue both decrease. Cost efficiency, represented by the ratio of retained earnings to revenue, experiences significant decreases.  The SG&A expense ratio increases slightly.  Investment efficiency, measured by retained earnings on assets, exhibits slight, consistent decreases. Earning per share increases significantly throughout the three quarters.