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 139.4 (%).Trend:Increase 195.53% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 65.73 (%).Trend:Decrease 52.85% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 43.63 (%).Trend:Decrease 33.62% than previous quarter

Overall: decreasing (-68.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 192.62 (%).Trend:Increase 202.91% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 91.96 (%).Trend:Decrease 52.26% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.79 (%).Trend:Decrease 31.72% than previous quarter

Overall: decreasing (-67.4%). 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 150.49 (%).Trend:Increase 213.26% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 74.73 (%).Trend:Decrease 50.34% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 51.33 (%).Trend:Decrease 31.31% than previous quarter

Overall: decreasing (-65.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.34 (%).Trend:Decrease 1.22% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.5 (%).Trend:Increase 1.41% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.96 (%).Trend:Increase 4.0% than previous quarter

Overall: increasing (5.47%). 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 20.53 (%).Trend:Decrease 5.7% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 20.28 (%).Trend:Decrease 1.22% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 20.86 (%).Trend:Increase 2.86% than previous quarter

Overall: increasing (1.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 64.06% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.49 (USD).Trend:Increase 113.04% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.83 (USD).Trend:Increase 69.39% than previous quarter

Overall: increasing (260.87%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2021 to Q3 2021 reveals significant fluctuations.  Working capital efficiency, measured by liabilities and current assets on revenue, shows a considerable decrease, with notable volatility.  Cost efficiency, calculated through the ratio of retained earnings to revenue, also decreased significantly.  SG&A expense ratios show a small increase over the quarter, while investment efficiency (retained earnings on assets) increased slightly and earnings per share increased significantly.