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 63.99 (%).Trend:Increase 116.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.62 (%).Trend:Decrease 47.46% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.94 (%).Trend:Decrease 25.82% than previous quarter

Overall: decreasing (-61.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 153.04 (%).Trend:Increase 180.81% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 78.8 (%).Trend:Decrease 48.51% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 42.85 (%).Trend:Decrease 45.62% than previous quarter

Overall: decreasing (-72.0%). 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 443.51 (%).Trend:Increase 182.81% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 202.02 (%).Trend:Decrease 54.45% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 125.95 (%).Trend:Decrease 37.65% than previous quarter

Overall: decreasing (-71.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 31.43 (%).Trend:Increase 1.91% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 29.3 (%).Trend:Decrease 6.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 28.55 (%).Trend:Decrease 2.56% than previous quarter

Overall: decreasing (-9.16%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.93 (USD).Trend:Decrease 64.37% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.83 (USD).Trend:Decrease 10.75% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.26 (USD).Trend:Increase 51.81% than previous quarter

Overall: increasing (35.48%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q1 2021 to Q3 2021 reveal a generally negative trend.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly throughout the period.  The retained earnings on assets show a modest decrease, while earnings per share demonstrated an overall positive trend.  Significant fluctuations in these key financial indicators suggest a period of instability and require further investigation to determine underlying causes.