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 119.19 (%).Trend:Increase 177.83% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 61.0 (%).Trend:Decrease 48.82% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.71 (%).Trend:Decrease 33.26% than previous quarter

Overall: decreasing (-65.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 208.66 (%).Trend:Increase 186.86% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 109.42 (%).Trend:Decrease 47.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 74.33 (%).Trend:Decrease 32.07% than previous quarter

Overall: decreasing (-64.38%). 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 274.19 (%).Trend:Increase 149.56% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 140.5 (%).Trend:Decrease 48.76% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 96.11 (%).Trend:Decrease 31.59% than previous quarter

Overall: decreasing (-64.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.62 (%).Trend:Decrease 10.7% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.64 (%).Trend:Increase 0.08% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.18 (%).Trend:Decrease 1.73% than previous quarter

Overall: decreasing (-1.65%). 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 39.39 (%).Trend:Increase 3.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 39.65 (%).Trend:Increase 0.66% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 41.16 (%).Trend:Increase 3.81% than previous quarter

Overall: increasing (4.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.67 (USD).Trend:Increase 67.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.85 (USD).Trend:Increase 70.66% than previous quarter

Overall: increasing (185.0%). Fluctuation: **Significant** (high variation).



Key findings from Q1 2021 to Q3 2021 show significant decreases in liabilities and current assets relative to revenue, and in the ratio of retained earnings to revenue;  these all displayed significant fluctuation.  Conversely, the SG&A expense ratio decreased slightly with low variation.  Retained earnings on assets increased slightly and steadily, while earnings per share increased significantly and fluctuated considerably.