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 66.39 (%).Trend:Increase 106.05% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36.9 (%).Trend:Decrease 44.42% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.11 (%).Trend:Decrease 23.82% than previous quarter

Overall: decreasing (-57.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 134.21 (%).Trend:Increase 88.84% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 76.7 (%).Trend:Decrease 42.85% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 55.07 (%).Trend:Decrease 28.2% than previous quarter

Overall: decreasing (-58.97%). 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 6.78 (%).Trend:Decrease 879.31% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 3.86 (%).Trend:Decrease 43.07% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 3.95 (%).Trend:Increase 2.33% than previous quarter

Overall: decreasing (-41.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.82 (%).Trend:Decrease 12.39% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.87 (%).Trend:Increase 9.59% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.54 (%).Trend:Decrease 3.81% than previous quarter

Overall: increasing (5.41%). 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 2.91 (%).Trend:Decrease 488.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 2.9 (%).Trend:Decrease 0.34% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 4.4 (%).Trend:Increase 51.72% than previous quarter

Overall: increasing (51.2%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.12 (USD).Trend:Increase 154.55% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.53 (USD).Trend:Increase 36.61% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.63 (USD).Trend:Increase 71.9% than previous quarter

Overall: increasing (134.82%). Fluctuation: **Significant** (high variation).



Q1 2021 to Q3 2021 financial data shows a period of financial fluctuation. Liabilities and current assets on revenue exhibited significant decreases, suggesting a possible adjustment in operational strategies. Cost efficiency (ratio of retained earnings to revenue) showed significant volatility.  SG&A expense ratio remained relatively stable.  Investment efficiency and earnings per share, however, increased consistently with fluctuations, indicating a period of potential improvement.