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 79.47 (%).Trend:Increase 183.01% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 34.5 (%).Trend:Decrease 56.59% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 19.92 (%).Trend:Decrease 42.26% than previous quarter

Overall: decreasing (-74.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 75.49 (%).Trend:Increase 153.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 32.46 (%).Trend:Decrease 57.0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 18.57 (%).Trend:Decrease 42.79% than previous quarter

Overall: decreasing (-75.4%). 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 57.14 (%).Trend:Increase 180.1% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 28.23 (%).Trend:Decrease 50.6% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 20.36 (%).Trend:Decrease 27.88% than previous quarter

Overall: decreasing (-64.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.51 (%).Trend:Decrease 3.11% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.08 (%).Trend:Decrease 3.74% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.28 (%).Trend:Increase 1.81% than previous quarter

Overall: decreasing (-2.0%). 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 24.95 (%).Trend:Increase 8.76% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 27.07 (%).Trend:Increase 8.5% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 30.83 (%).Trend:Increase 13.89% than previous quarter

Overall: increasing (23.57%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.26 (USD).Trend:Decrease 43.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 6.46 (USD).Trend:Increase 185.84% than previous quarter
Year 2021 Quarter 3: Earning Per Share 10.92 (USD).Trend:Increase 69.04% than previous quarter

Overall: increasing (383.19%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 reveals significant fluctuations in key metrics. Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all decreased substantially (-74.93%, -75.4%, -64.37% respectively).  Conversely, Retained Earnings on Assets increased (23.57%), and Earnings Per Share showed substantial growth (383.19%). SG&A expenses exhibited minimal change (-2%).