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 80.35 (%).Trend:Increase 146.25% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 39.56 (%).Trend:Decrease 50.77% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.04 (%).Trend:Decrease 36.7% than previous quarter

Overall: decreasing (-68.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 137.77 (%).Trend:Increase 177.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 67.06 (%).Trend:Decrease 51.32% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 60.01 (%).Trend:Decrease 10.51% than previous quarter

Overall: decreasing (-56.44%). 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 18.32 (%).Trend:Increase 8.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 9.14 (%).Trend:Decrease 50.11% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 6.7 (%).Trend:Decrease 26.7% than previous quarter

Overall: decreasing (-63.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.3 (%).Trend:Decrease 62.41% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.19 (%).Trend:Decrease 3.33% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.18 (%).Trend:Decrease 0.31% than previous quarter

Overall: decreasing (-3.64%). 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 11.71 (%).Trend:Decrease 46.77% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 12.1 (%).Trend:Increase 3.33% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 10.2 (%).Trend:Decrease 15.7% than previous quarter

Overall: decreasing (-12.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.7 (USD).Trend:Decrease 72.13% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.49 (USD).Trend:Increase 105.29% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.32 (USD).Trend:Increase 52.44% than previous quarter

Overall: increasing (212.94%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2021 to Q3 2021 shows significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased from 80.35% to 25.04% but with high variability. Current assets on revenue also decreased from 137.77% to 60.01% with significant fluctuation.  Cost efficiency, measured by the ratio of retained earnings to revenue, decreased significantly (from 18.32% to 6.7%). SG&A expense ratio also decreased from 3.3% to 3.18% with minor fluctuation. Invest efficiency, as measured by retained earnings on assets, showed a decrease from 11.71% to 10.2% with little fluctuation.  Earning per share increased significantly from 1.7 USD to 5.32 USD in the same period.