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 112.11 (%).Trend:Increase 171.39% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 54.87 (%).Trend:Decrease 51.06% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.64 (%).Trend:Decrease 31.4% than previous quarter

Overall: decreasing (-66.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 150.46 (%).Trend:Increase 175.82% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 74.23 (%).Trend:Decrease 50.66% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 49.58 (%).Trend:Decrease 33.21% than previous quarter

Overall: decreasing (-67.05%). 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 96.32 (%).Trend:Increase 145.97% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 47.25 (%).Trend:Decrease 50.94% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 31.39 (%).Trend:Decrease 33.57% than previous quarter

Overall: decreasing (-67.41%). 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 26.77 (%).Trend:Increase 0.79% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 26.84 (%).Trend:Increase 0.26% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 26.91 (%).Trend:Increase 0.26% than previous quarter

Overall: increasing (0.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.4 (USD).Trend:Decrease 123.53% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.01 (USD).Trend:Increase 152.5% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.32 (USD).Trend:Increase 30.69% than previous quarter

Overall: increasing (230.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2021 to Q3 2021 reveals significant instability in working capital efficiency metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue show considerable decreases, indicating some financial stress. Retained earnings on assets show a consistent, albeit modest increase, in contrast to the fluctuating trends in other metrics.  Earnings per share show significant volatility, with an initial decrease, followed by an increase, then a decrease in Q1 2022.