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 110.22 (%).Trend:Increase 115.69% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 55.22 (%).Trend:Decrease 49.9% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.69 (%).Trend:Decrease 31.75% than previous quarter

Overall: decreasing (-65.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 84.15 (%).Trend:Increase 109.17% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 39.79 (%).Trend:Decrease 52.72% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 26.44 (%).Trend:Decrease 33.55% than previous quarter

Overall: decreasing (-68.58%). 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 96.78 (%).Trend:Increase 240.06% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 48.54 (%).Trend:Decrease 49.85% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 32.99 (%).Trend:Decrease 32.04% than previous quarter

Overall: decreasing (-65.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.8 (%).Trend:Decrease 8.24% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.98 (%).Trend:Decrease 7.59% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.72 (%).Trend:Decrease 2.61% than previous quarter

Overall: decreasing (-10.0%). 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 19.32 (%).Trend:Increase 26.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 19.79 (%).Trend:Increase 2.43% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 20.62 (%).Trend:Increase 4.19% than previous quarter

Overall: increasing (6.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 3.33 (USD).Trend:Decrease 71.71% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.62 (USD).Trend:Increase 128.83% than previous quarter
Year 2021 Quarter 3: Earning Per Share 12.44 (USD).Trend:Increase 63.25% than previous quarter

Overall: increasing (273.57%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 reveals significant fluctuations across several key financial metrics.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially, indicating potential concerns. Conversely, earnings per share showed substantial growth.  The selling, general, and administrative expense ratio and retained earnings on assets exhibited only minor fluctuations.