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 42.42 (%).Trend:Increase 202.57% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.77 (%).Trend:Decrease 36.89% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.06 (%).Trend:Decrease 13.86% than previous quarter

Overall: decreasing (-45.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 528.13 (%).Trend:Increase 272.6% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 298.4 (%).Trend:Decrease 43.5% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 208.75 (%).Trend:Decrease 30.04% than previous quarter

Overall: decreasing (-60.47%). 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 102.63 (%).Trend:Increase 390.11% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 62.1 (%).Trend:Decrease 39.49% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 45.27 (%).Trend:Decrease 27.1% than previous quarter

Overall: decreasing (-55.89%). 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 13.8 (%).Trend:Increase 38.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.7 (%).Trend:Increase 6.52% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 15.25 (%).Trend:Increase 3.74% than previous quarter

Overall: increasing (10.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 70.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 16.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.16 (USD).Trend:Increase 14.29% than previous quarter

Overall: increasing (33.33%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q1 2021 to Q3 2021 reveal mixed results. Liabilities and current assets on revenue decreased, though with significant fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a decrease. Investment efficiency shows a steady upward trend, with little fluctuation. Earnings per share also show an increasing trend with moderate fluctuations. Overall, the data suggests that while some metrics are improving, there remains significant volatility in the financial performance.