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 1071.01 (%).Trend:Increase 148.53% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 810.39 (%).Trend:Decrease 24.33% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 459.67 (%).Trend:Decrease 43.28% than previous quarter

Overall: decreasing (-57.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 1240.44 (%).Trend:Increase 164.15% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 890.51 (%).Trend:Decrease 28.21% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 494.06 (%).Trend:Decrease 44.52% than previous quarter

Overall: decreasing (-60.17%). 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 131.03 (%).Trend:Increase 242.92% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 66.5 (%).Trend:Decrease 49.25% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 47.98 (%).Trend:Decrease 27.85% than previous quarter

Overall: decreasing (-63.38%). 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 8.82 (%).Trend:Increase 24.93% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 6.54 (%).Trend:Decrease 25.85% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 8.38 (%).Trend:Increase 28.13% than previous quarter

Overall: decreasing (-4.99%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 79.28% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.41 (USD).Trend:Increase 78.26% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.09 (USD).Trend:Increase 165.85% than previous quarter

Overall: increasing (373.91%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant fluctuations in working capital, cost, and investment efficiency metrics across the three quarters of 2021. Liabilities and current assets on revenue decreased substantially during Q1-Q3 2021, followed by increased fluctuations in subsequent quarters. The ratio of retained earnings to revenue decreased considerably, but earnings per share saw a dramatic rise in Q1-Q3 2021.  Investment efficiency, as measured by retained earnings on assets, shows a moderate decrease overall with a neutral fluctuation trend.