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 41.09 (%).Trend:Increase 103.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 22.53 (%).Trend:Decrease 45.17% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 20.17 (%).Trend:Decrease 10.47% than previous quarter

Overall: decreasing (-50.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 144.4 (%).Trend:Increase 179.68% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 77.38 (%).Trend:Decrease 46.41% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.84 (%).Trend:Decrease 18.79% than previous quarter

Overall: decreasing (-56.48%). 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 173.36 (%).Trend:Increase 186.55% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 90.0 (%).Trend:Decrease 48.08% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 58.3 (%).Trend:Decrease 35.22% than previous quarter

Overall: decreasing (-66.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.97 (%).Trend:Increase 13.81% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.05 (%).Trend:Increase 0.8% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.69 (%).Trend:Decrease 3.58% than previous quarter

Overall: decreasing (-2.81%). 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 23.41 (%).Trend:Decrease 12.97% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 23.2 (%).Trend:Decrease 0.9% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 21.93 (%).Trend:Decrease 5.47% than previous quarter

Overall: decreasing (-6.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 58.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.8 (USD).Trend:Increase 90.48% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.11 (USD).Trend:Increase 38.75% than previous quarter

Overall: increasing (164.29%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 show significant fluctuations in most categories. Liabilities and current assets on revenue display notable decreases, suggesting potential weakening in working capital efficiency.  Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased significantly.  Selling, General & Administrative (SG&A) expenses show minimal fluctuation with a steady decline. Investment efficiency shows a consistent decrease in retained earnings on assets.  Earnings per share show considerable fluctuation, with an overall increase.