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 172.06 (%).Trend:Increase 219.87% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 87.8 (%).Trend:Decrease 48.97% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 62.03 (%).Trend:Decrease 29.35% than previous quarter

Overall: decreasing (-63.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 205.17 (%).Trend:Increase 246.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 102.2 (%).Trend:Decrease 50.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 76.9 (%).Trend:Decrease 24.76% than previous quarter

Overall: decreasing (-62.52%). 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 60.98 (%).Trend:Increase 263.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 26.44 (%).Trend:Decrease 56.64% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 22.18 (%).Trend:Decrease 16.11% than previous quarter

Overall: decreasing (-63.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.9 (%).Trend:Decrease 5.44% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.79 (%).Trend:Decrease 1.11% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.69 (%).Trend:Decrease 1.02% than previous quarter

Overall: decreasing (-2.12%). 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 10.92 (%).Trend:Increase 26.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.68 (%).Trend:Decrease 11.36% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.73 (%).Trend:Increase 21.18% than previous quarter

Overall: increasing (7.42%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.21 (USD).Trend:Decrease 54.17% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.32 (USD).Trend:Increase 91.74% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.67 (USD).Trend:Increase 58.19% than previous quarter

Overall: increasing (203.31%). Fluctuation: **Significant** (high variation).



During Q1-Q3 2021, significant fluctuations characterized key financial metrics. Liabilities and current assets on revenue decreased substantially (-63.95% and -62.52% respectively), reflecting considerable volatility. Similarly, the ratio of retained earnings to revenue declined sharply (-63.63%). In contrast, the SG&A expense ratio showed a minor decrease (-2.12%), demonstrating low variation. Retained earnings on assets increased slightly (7.42%), and earnings per share increased significantly (203.31%) with high variation.