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 124.99 (%).Trend:Increase 135.12% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64.88 (%).Trend:Decrease 48.09% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 42.23 (%).Trend:Decrease 34.91% than previous quarter

Overall: decreasing (-66.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 143.69 (%).Trend:Increase 171.01% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 70.59 (%).Trend:Decrease 50.87% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 49.61 (%).Trend:Decrease 29.72% than previous quarter

Overall: decreasing (-65.47%). 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 150.1 (%).Trend:Increase 162.18% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 69.41 (%).Trend:Decrease 53.76% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 49.49 (%).Trend:Decrease 28.7% than previous quarter

Overall: decreasing (-67.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.84 (%).Trend:Decrease 13.25% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.03 (%).Trend:Increase 1.2% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.64 (%).Trend:Increase 3.81% than previous quarter

Overall: increasing (5.05%). 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 40.54 (%).Trend:Increase 5.03% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 38.24 (%).Trend:Decrease 5.67% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 40.26 (%).Trend:Increase 5.28% than previous quarter

Overall: decreasing (-0.69%). Fluctuation: **Little** (low variation).

Earning Per Share


Significant fluctuations are observed in working capital efficiency metrics.  Liabilities on revenue increased dramatically in Q1 2021 before declining sharply in the subsequent quarters.  Similarly, current assets on revenue showed a substantial increase in Q1 2021, followed by substantial decreases.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also exhibits substantial volatility, declining significantly throughout the period.  Conversely, SG&A expense ratio shows a moderate increase, exhibiting little fluctuation.  Investment efficiency, as represented by retained earnings on assets, demonstrates little fluctuation with a slight overall decrease.