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 97.47 (%).Trend:Increase 123.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.76 (%).Trend:Decrease 53.05% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 47.89 (%).Trend:Increase 4.65% than previous quarter

Overall: decreasing (-50.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 205.05 (%).Trend:Increase 152.18% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 95.08 (%).Trend:Decrease 53.63% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 56.35 (%).Trend:Decrease 40.73% than previous quarter

Overall: decreasing (-72.52%). 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 219.91 (%).Trend:Increase 121.48% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 101.49 (%).Trend:Decrease 53.85% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 64.7 (%).Trend:Decrease 36.25% than previous quarter

Overall: decreasing (-70.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.15 (%).Trend:Decrease 4.29% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.92 (%).Trend:Decrease 3.6% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.23 (%).Trend:Increase 0.94% than previous quarter

Overall: decreasing (-2.69%). 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 49.53 (%).Trend:Decrease 2.63% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 50.34 (%).Trend:Increase 1.64% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 42.93 (%).Trend:Decrease 14.72% than previous quarter

Overall: decreasing (-13.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.46 (USD).Trend:Increase 12.2% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.99 (USD).Trend:Increase 115.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.99 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (115.22%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2021 to Q3 2021 shows volatility in many areas. Liabilities and current assets on revenue display significant decreases and increases, suggesting fluctuating operational efficiency. The ratio of retained earnings to revenue also shows substantial variation. While selling, general, and administrative (SG&A) expenses had a modest downward trend, the retained earnings on assets experienced a slight decrease with low fluctuation. Earnings per share had a large increase, and the static increase suggests further investigation.