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 76.47 (%).Trend:Increase 213.14% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 77.58 (%).Trend:Increase 1.45% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.96 (%).Trend:Decrease 66.54% than previous quarter

Overall: decreasing (-66.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 143.72 (%).Trend:Increase 217.26% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 89.29 (%).Trend:Decrease 37.87% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 53.12 (%).Trend:Decrease 40.51% than previous quarter

Overall: decreasing (-63.04%). 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 302.78 (%).Trend:Increase 215.69% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 158.58 (%).Trend:Decrease 47.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 109.55 (%).Trend:Decrease 30.92% than previous quarter

Overall: decreasing (-63.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.03 (%).Trend:Increase 1.19% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.38 (%).Trend:Increase 3.17% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.49 (%).Trend:Increase 0.97% than previous quarter

Overall: increasing (4.17%). 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 68.01 (%).Trend:Decrease 3.85% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 63.85 (%).Trend:Decrease 6.12% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 67.42 (%).Trend:Increase 5.59% than previous quarter

Overall: decreasing (-0.87%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 67.26% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.35 (USD).Trend:Increase 84.93% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.99 (USD).Trend:Increase 47.41% than previous quarter

Overall: increasing (172.6%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 reveal significant variability. Liabilities on revenue decreased considerably, with a sharp increase followed by a decrease.  Current assets on revenue followed a similar pattern of substantial increase and decrease.  The ratio of retained earnings to revenue also showed substantial fluctuations, with significant declines.  Selling, general, and administrative (SG&A) expenses exhibited a steady, small increase, contrasting with the highly variable other metrics. Retained earnings on assets show a minor but consistent decline. Earnings per share increased from Q1 to Q3 but with substantial quarter-to-quarter variation. Overall, the financial performance is inconsistent and volatile, with substantial fluctuations across various metrics.