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 122.76 (%).Trend:Increase 221.36% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 63.19 (%).Trend:Decrease 48.53% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 50.55 (%).Trend:Decrease 20.0% than previous quarter

Overall: decreasing (-58.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 232.67 (%).Trend:Increase 266.18% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 125.62 (%).Trend:Decrease 46.01% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 104.8 (%).Trend:Decrease 16.57% than previous quarter

Overall: decreasing (-54.96%). 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 277.73 (%).Trend:Increase 208.25% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 151.76 (%).Trend:Decrease 45.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 108.8 (%).Trend:Decrease 28.31% than previous quarter

Overall: decreasing (-60.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.75 (%).Trend:Decrease 11.65% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.45 (%).Trend:Increase 10.37% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.87 (%).Trend:Increase 5.64% than previous quarter

Overall: increasing (16.59%). 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 36.27 (%).Trend:Increase 1.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 38.58 (%).Trend:Increase 6.37% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 37.89 (%).Trend:Decrease 1.79% than previous quarter

Overall: increasing (4.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 76.62% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.08 (USD).Trend:Increase 150.6% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.76 (USD).Trend:Increase 80.77% than previous quarter

Overall: increasing (353.01%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 show significant volatility in key financial metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly, but with substantial fluctuation. The SG&A expense ratio increased slightly.  Investment efficiency shows a slight increase in retained earnings on assets, with minor fluctuations.  Earnings per share increased substantially, showing major fluctuations.