Working Capital Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 1: Liabilities on Revenue 51.62 (%).Trend:Increase 179.93% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.39 (%).Trend:Decrease 48.88% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.81 (%).Trend:Decrease 28.72% than previous quarter

Overall: decreasing (-63.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 75.43 (%).Trend:Increase 196.62% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 34.0 (%).Trend:Decrease 54.93% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 25.19 (%).Trend:Decrease 25.91% than previous quarter

Overall: decreasing (-66.6%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 193.58 (%).Trend:Increase 210.03% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 100.12 (%).Trend:Decrease 48.28% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 68.13 (%).Trend:Decrease 31.95% than previous quarter

Overall: decreasing (-64.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.32 (%).Trend:Decrease 4.96% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.0 (%).Trend:Decrease 1.32% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.92 (%).Trend:Decrease 0.33% than previous quarter

Overall: decreasing (-1.64%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 1: Retained Earning on Assets 47.48 (%).Trend:Decrease 0.17% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 50.1 (%).Trend:Increase 5.52% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 51.12 (%).Trend:Increase 2.04% than previous quarter

Overall: increasing (7.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 3.73 (USD).Trend:Decrease 59.06% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.95 (USD).Trend:Increase 113.14% than previous quarter
Year 2021 Quarter 3: Earning Per Share 12.81 (USD).Trend:Increase 61.13% than previous quarter

Overall: increasing (243.43%). Fluctuation: **Significant** (high variation).



Significant fluctuations are present across various financial metrics, particularly in working capital efficiency, cost efficiency, and earnings per share. Liabilities and current assets on revenue decreased substantially, while the retained earnings-to-revenue ratio declined significantly. SG&A expense ratios saw a small downward trend. Invest efficiency shows a slight increase in retained earnings on assets. Earnings per share increased substantially, but with significant volatility.