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 68.02 (%).Trend:Increase 186.16% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.63 (%).Trend:Decrease 46.15% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.93 (%).Trend:Decrease 31.94% than previous quarter

Overall: decreasing (-63.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 152.93 (%).Trend:Increase 167.36% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 79.3 (%).Trend:Decrease 48.15% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 56.11 (%).Trend:Decrease 29.24% than previous quarter

Overall: decreasing (-63.31%). 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 104.46 (%).Trend:Increase 185.49% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 56.8 (%).Trend:Decrease 45.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 40.01 (%).Trend:Decrease 29.56% than previous quarter

Overall: decreasing (-61.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.64 (%).Trend:Decrease 15.88% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.72 (%).Trend:Increase 4.38% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.45 (%).Trend:Increase 6.73% than previous quarter

Overall: increasing (11.4%). 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 29.47 (%).Trend:Increase 10.75% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 30.34 (%).Trend:Increase 2.95% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 30.13 (%).Trend:Decrease 0.69% than previous quarter

Overall: increasing (2.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.39 (USD).Trend:Decrease 7.95% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.38 (USD).Trend:Increase 71.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.68 (USD).Trend:Increase 12.61% than previous quarter

Overall: increasing (92.81%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show a significant decline in working capital efficiency for liabilities and current assets on revenue. Cost efficiency, as measured by the ratio of retained earnings to revenue, also exhibits a considerable decrease. However, the Selling, General & Administrative (SG&A) expense ratio shows a moderate increase with a low variation. Investment efficiency displays a slight overall increase in retained earnings on assets.  Earnings per share show a significant increase with high variability across the quarters.