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 116.76 (%).Trend:Increase 146.64% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.17 (%).Trend:Decrease 60.46% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.51 (%).Trend:Decrease 36.08% than previous quarter

Overall: decreasing (-74.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 215.13 (%).Trend:Increase 114.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 102.48 (%).Trend:Decrease 52.36% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 74.42 (%).Trend:Decrease 27.38% than previous quarter

Overall: decreasing (-65.41%). 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 102.27 (%).Trend:Increase 191.45% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 53.92 (%).Trend:Decrease 47.28% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 41.06 (%).Trend:Decrease 23.85% than previous quarter

Overall: decreasing (-59.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 17.56 (%).Trend:Increase 21.61% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 19.77 (%).Trend:Increase 12.59% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 22.47 (%).Trend:Increase 13.66% than previous quarter

Overall: increasing (27.96%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 37.14% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.65 (USD).Trend:Increase 195.45% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.38 (USD).Trend:Increase 112.31% than previous quarter

Overall: increasing (527.27%). Fluctuation: **Significant** (high variation).



Financial statements from Q1-Q3 2021 illustrate considerable volatility. Working capital (liabilities and current assets on revenue) display a clear downward trend. Cost efficiency (ratio of retained earnings to revenue) also decreases significantly. Investment efficiency, however, exhibits a stable and positive growth in retained earnings on assets. Earnings per share show a significant positive growth with fluctuating trends.  The considerable variance across metrics demands a thorough investigation into their specific drivers.