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 41.6 (%).Trend:Increase 38.3% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 22.23 (%).Trend:Decrease 46.56% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 15.52 (%).Trend:Decrease 30.18% than previous quarter

Overall: decreasing (-62.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 139.61 (%).Trend:Increase 131.53% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 71.21 (%).Trend:Decrease 48.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 49.98 (%).Trend:Decrease 29.81% than previous quarter

Overall: decreasing (-64.2%). 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 182.14 (%).Trend:Increase 156.97% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 91.1 (%).Trend:Decrease 49.98% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 60.76 (%).Trend:Decrease 33.3% than previous quarter

Overall: decreasing (-66.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.38 (%).Trend:Decrease 12.55% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.32 (%).Trend:Decrease 0.58% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.6 (%).Trend:Increase 2.71% than previous quarter

Overall: increasing (2.12%). 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 58.77 (%).Trend:Increase 7.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 57.89 (%).Trend:Decrease 1.5% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 57.2 (%).Trend:Decrease 1.19% than previous quarter

Overall: decreasing (-2.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.82 (USD).Trend:Increase 64.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.7 (USD).Trend:Increase 107.32% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.59 (USD).Trend:Increase 52.35% than previous quarter

Overall: increasing (215.85%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased sharply from Q1 to Q3, but increased significantly in Q1 2022. Current assets on revenue also exhibited considerable volatility, with similar patterns as liabilities.  Cost efficiency reveals a small increase in SG&A expense ratio, but a substantial decrease in the ratio of retained earnings to revenue. Investment efficiency shows a slight decrease in retained earnings on assets. Earnings per share saw a notable increase from Q1 to Q3 2021, but declined significantly in Q1 2022. This suggests a possible need to analyze the underlying causes of these shifts in performance.