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 196.54 (%).Trend:Increase 235.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 99.64 (%).Trend:Decrease 49.3% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 73.97 (%).Trend:Decrease 25.76% than previous quarter

Overall: decreasing (-62.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 222.43 (%).Trend:Increase 205.66% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 119.68 (%).Trend:Decrease 46.19% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.53 (%).Trend:Decrease 47.75% than previous quarter

Overall: decreasing (-71.89%). 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 446.05 (%).Trend:Increase 429.12% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 223.22 (%).Trend:Decrease 49.96% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 151.67 (%).Trend:Decrease 32.05% than previous quarter

Overall: decreasing (-66.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.0 (%).Trend:Increase 7.8% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.3 (%).Trend:Increase 0.88% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.55 (%).Trend:Increase 0.73% than previous quarter

Overall: increasing (1.62%). 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 39.33 (%).Trend:Increase 54.72% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 39.71 (%).Trend:Increase 0.97% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 39.28 (%).Trend:Decrease 1.08% than previous quarter

Overall: decreasing (-0.13%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 73.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 181.48% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.18 (USD).Trend:Increase 55.26% than previous quarter

Overall: increasing (337.04%). Fluctuation: **Significant** (high variation).



The financial statements for Q1-Q3 2021 illustrate significant fluctuations across various key performance indicators. Working capital efficiency showed notable volatility in liabilities and current assets on revenue. Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrated considerable quarter-to-quarter variation.  SG&A expense ratio saw a slight but steady increase. Investment efficiency, as reflected by retained earnings on assets, remained relatively stable.  Earnings per share showed a notable overall increase, but this was achieved with substantial quarter-to-quarter variation.