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 63.92 (%).Trend:Increase 173.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.65 (%).Trend:Decrease 58.31% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 15.51 (%).Trend:Decrease 41.8% than previous quarter

Overall: decreasing (-75.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 63.9 (%).Trend:Increase 169.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 28.01 (%).Trend:Decrease 56.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 15.98 (%).Trend:Decrease 42.95% than previous quarter

Overall: decreasing (-74.99%). 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 27.7 (%).Trend:Increase 188.84% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 14.35 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 10.42 (%).Trend:Decrease 27.39% than previous quarter

Overall: decreasing (-62.38%). 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 6.06% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.94 (%).Trend:Decrease 4.24% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.11 (%).Trend:Increase 1.71% than previous quarter

Overall: decreasing (-2.6%). 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 20.91 (%).Trend:Increase 9.59% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 24.09 (%).Trend:Increase 15.21% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 27.39 (%).Trend:Increase 13.7% than previous quarter

Overall: increasing (30.99%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.31 (USD).Trend:Decrease 165.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.04 (USD).Trend:Increase 208.4% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.08 (USD).Trend:Increase 50.5% than previous quarter

Overall: increasing (364.12%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2021 shows mixed trends.  Working capital efficiency metrics (liabilities and current assets on revenue) are in decline, marked by high volatility. Cost efficiency, evidenced by the ratio of retained earnings to revenue, also exhibits a clear negative trend with considerable fluctuation.  However, the SG&A expense ratio shows a relatively stable downward trend.  Investment efficiency is consistently positive, though with moderate variation.  Earnings per share demonstrate a notable overall increase, despite significant fluctuations quarter-to-quarter.