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 58.51 (%).Trend:Increase 215.76% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.99 (%).Trend:Decrease 29.94% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.26 (%).Trend:Decrease 28.62% than previous quarter

Overall: decreasing (-49.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 163.46 (%).Trend:Increase 172.71% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 114.66 (%).Trend:Decrease 29.85% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 80.07 (%).Trend:Decrease 30.17% than previous quarter

Overall: decreasing (-51.02%). 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 175.6 (%).Trend:Increase 159.53% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 100.25 (%).Trend:Decrease 42.91% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 68.74 (%).Trend:Decrease 31.43% than previous quarter

Overall: decreasing (-60.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.34 (%).Trend:Decrease 5.97% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.89 (%).Trend:Increase 3.84% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.85 (%).Trend:Decrease 0.27% than previous quarter

Overall: increasing (3.56%). 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 45.6 (%).Trend:Increase 1.58% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 43.8 (%).Trend:Decrease 3.95% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 44.72 (%).Trend:Increase 2.1% than previous quarter

Overall: decreasing (-1.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.93 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.35 (USD).Trend:Increase 45.16% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.96 (USD).Trend:Increase 45.19% than previous quarter

Overall: increasing (110.75%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 reveals significant fluctuations across various financial metrics. Liabilities and current assets on revenue decrease but with substantial variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, declines considerably. The SG&A expense ratio, however, shows moderate increases. Investment efficiency demonstrates a slight decline in retained earnings on assets with little fluctuation. Earnings per share increase significantly, though with high variation. These figures suggest a period of potentially volatile financial performance requiring further analysis.