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 75.92 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.62 (%).Trend:Decrease 37.28% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.59 (%).Trend:Decrease 37.86% than previous quarter

Overall: decreasing (-61.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 288.56 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 157.61 (%).Trend:Decrease 45.38% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 96.16 (%).Trend:Decrease 38.99% than previous quarter

Overall: decreasing (-66.68%). 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 295.78 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 156.36 (%).Trend:Decrease 47.14% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 94.32 (%).Trend:Decrease 39.68% than previous quarter

Overall: decreasing (-68.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 40.66 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.3 (%).Trend:Increase 6.49% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.88 (%).Trend:Decrease 7.9% than previous quarter

Overall: decreasing (-1.92%). 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 66.23 (%).Trend:Increase 2.36% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 65.09 (%).Trend:Decrease 1.72% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 65.18 (%).Trend:Increase 0.14% than previous quarter

Overall: decreasing (-1.59%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.84 (USD).Trend:Increase 366.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 73.81% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.98 (USD).Trend:Increase 104.11% than previous quarter

Overall: increasing (254.76%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 financial data reveals significant decreases in key working capital efficiency ratios (liabilities on revenue, current assets on revenue, retained earnings to revenue).  Conversely, earnings per share demonstrate substantial growth. Cost efficiency, as measured by SG&A, showed little variation. Investment efficiency, indicated by retained earnings on assets, also had minimal changes.