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 118.91 (%).Trend:Increase 161.74% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 52.92 (%).Trend:Decrease 55.5% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 38.15 (%).Trend:Decrease 27.91% than previous quarter

Overall: decreasing (-67.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 138.29 (%).Trend:Increase 107.14% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 60.42 (%).Trend:Decrease 56.31% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 40.51 (%).Trend:Decrease 32.95% than previous quarter

Overall: decreasing (-70.71%). 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 12.83 (%).Trend:Increase 11.57% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 7.59 (%).Trend:Decrease 40.84% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 3.27 (%).Trend:Decrease 56.92% than previous quarter

Overall: decreasing (-74.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.05 (%).Trend:Decrease 29.27% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.44 (%).Trend:Increase 7.72% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.79 (%).Trend:Increase 6.43% than previous quarter

Overall: increasing (14.65%). 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 4.04 (%).Trend:Decrease 46.91% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 4.53 (%).Trend:Increase 12.13% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 2.8 (%).Trend:Decrease 38.19% than previous quarter

Overall: decreasing (-30.69%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.7 (USD).Trend:Decrease 83.41% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.11 (USD).Trend:Increase 82.94% than previous quarter
Year 2021 Quarter 3: Earning Per Share 4.42 (USD).Trend:Increase 42.12% than previous quarter

Overall: increasing (160.0%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, significant fluctuations are observed. Liabilities on revenue decreased (-67.92%), and current assets on revenue also decreased (-70.71%), both showing high variation.  Cost efficiency shows a significant decrease in retained earnings to revenue (-74.51%) but a slight increase in the SG&A expense ratio (14.65%). Investment efficiency shows a moderate decrease in retained earnings on assets (-30.69%) and a significant increase in earnings per share (160.0%).