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 58.35 (%).Trend:Increase 290.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.29 (%).Trend:Decrease 34.38% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.27 (%).Trend:Decrease 26.17% than previous quarter

Overall: decreasing (-51.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 187.21 (%).Trend:Increase 239.89% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 99.03 (%).Trend:Decrease 47.1% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 67.36 (%).Trend:Decrease 31.98% than previous quarter

Overall: decreasing (-64.02%). 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 127.96 (%).Trend:Increase 143.41% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 59.14 (%).Trend:Decrease 53.78% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 38.21 (%).Trend:Decrease 35.39% than previous quarter

Overall: decreasing (-70.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.44 (%).Trend:Decrease 11.33% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.57 (%).Trend:Increase 1.05% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.51 (%).Trend:Decrease 0.48% than previous quarter

Overall: increasing (0.56%). 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 44.69 (%).Trend:Decrease 18.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 41.22 (%).Trend:Decrease 7.76% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 39.77 (%).Trend:Decrease 3.52% than previous quarter

Overall: decreasing (-11.01%). Fluctuation: **Little** (low variation).

Earning Per Share


Q1-Q3 2021 financial statements reveal significant fluctuations in working capital efficiency. Liabilities on revenue decreased sharply, then rebounded, while current assets on revenue also decreased, albeit with even more volatility.  Cost efficiency displays significant declines in the ratio of retained earnings to revenue, but SG&A expense ratio shows a slight upward trend. Investment efficiency shows a downward trend in retained earnings on assets with little variation.