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 95.31 (%).Trend:Increase 183.75% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 46.09 (%).Trend:Decrease 51.64% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.09 (%).Trend:Decrease 39.05% than previous quarter

Overall: decreasing (-70.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 196.85 (%).Trend:Increase 203.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 92.98 (%).Trend:Decrease 52.77% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 60.91 (%).Trend:Decrease 34.49% than previous quarter

Overall: decreasing (-69.06%). 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 28.01 (%).Trend:Increase 418.7% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 14.92 (%).Trend:Decrease 46.73% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 12.72 (%).Trend:Decrease 14.75% than previous quarter

Overall: decreasing (-54.59%). 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 5.18 (%).Trend:Increase 62.89% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 5.46 (%).Trend:Increase 5.41% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 6.91 (%).Trend:Increase 26.56% than previous quarter

Overall: increasing (33.4%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.14 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.17 (USD).Trend:Increase 21.43% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.38 (USD).Trend:Increase 123.53% than previous quarter

Overall: increasing (171.43%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations in both liabilities and current assets on revenue, decreasing overall in Q1-Q3 2021.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also displays significant volatility, decreasing from Q1 to Q3 2021.  Investment efficiency, with retained earnings on assets, shows a neutral fluctuation, increasing steadily. Earnings per share show a substantial increase over the three quarters, with notable jumps in Q3 2021.