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 109.34 (%).Trend:Increase 171.38% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.27 (%).Trend:Decrease 49.45% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 39.2 (%).Trend:Decrease 29.08% than previous quarter

Overall: decreasing (-64.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 177.23 (%).Trend:Increase 144.22% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 86.34 (%).Trend:Decrease 51.28% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 73.0 (%).Trend:Decrease 15.45% than previous quarter

Overall: decreasing (-58.81%). 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 43.14 (%).Trend:Increase 495.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 22.73 (%).Trend:Decrease 47.31% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 17.92 (%).Trend:Decrease 21.16% than previous quarter

Overall: decreasing (-58.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.81 (%).Trend:Increase 1.15% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.35 (%).Trend:Decrease 2.91% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.88 (%).Trend:Decrease 3.06% than previous quarter

Overall: decreasing (-5.88%). 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 8.15 (%).Trend:Increase 125.14% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.96 (%).Trend:Increase 9.94% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 10.76 (%).Trend:Increase 20.09% than previous quarter

Overall: increasing (32.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 65.35% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 127.27% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.54 (USD).Trend:Increase 54.0% than previous quarter

Overall: increasing (250.0%). Fluctuation: **Significant** (high variation).



The analysis encompasses three financial quarters of 2021. Working capital efficiency reveals significant volatility, with liabilities and current assets fluctuating widely. Cost efficiency exhibits a substantial drop in retained earnings to revenue, indicating potential issues with profitability and revenue growth. Selling, General, and Administrative (SG&A) expenses show a stable downward trend.  Investment efficiency presents a positive increase in retained earnings on assets, albeit with substantial variation. Earnings per share demonstrates a substantial increase.  Overall, the data highlights periods of significant fluctuation and volatility, indicating a complex and potentially dynamic financial situation.