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 211.21 (%).Trend:Increase 190.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 104.5 (%).Trend:Decrease 50.52% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 70.52 (%).Trend:Decrease 32.52% than previous quarter

Overall: decreasing (-66.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 324.97 (%).Trend:Increase 238.76% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 105.18 (%).Trend:Decrease 67.63% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 76.33 (%).Trend:Decrease 27.43% than previous quarter

Overall: decreasing (-76.51%). 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 325.51 (%).Trend:Increase 202.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 156.51 (%).Trend:Decrease 51.92% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 108.1 (%).Trend:Decrease 30.93% than previous quarter

Overall: decreasing (-66.79%). 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 41.5 (%).Trend:Increase 1.62% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 43.98 (%).Trend:Increase 5.98% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 43.41 (%).Trend:Decrease 1.3% than previous quarter

Overall: increasing (4.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.43 (USD).Trend:Decrease 62.17% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.14 (USD).Trend:Increase 49.65% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.63 (USD).Trend:Increase 69.63% than previous quarter

Overall: increasing (153.85%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 reveal significant volatility across key financial metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, decreased considerably, experiencing significant fluctuations.  Cost efficiency (retained earnings to revenue) decreased significantly, also with large variations.  In contrast, investment efficiency (retained earnings on assets) displays a modest upward trend with minimal variation. Earnings per share, however, show a notable increase overall, demonstrating large quarter-over-quarter differences.