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 133.18 (%).Trend:Increase 178.15% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64.41 (%).Trend:Decrease 51.64% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 42.32 (%).Trend:Decrease 34.3% than previous quarter

Overall: decreasing (-68.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 246.91 (%).Trend:Increase 217.28% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 122.29 (%).Trend:Decrease 50.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 89.56 (%).Trend:Decrease 26.76% than previous quarter

Overall: decreasing (-63.73%). 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 294.22 (%).Trend:Increase 229.47% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 132.61 (%).Trend:Decrease 54.93% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 93.0 (%).Trend:Decrease 29.87% than previous quarter

Overall: decreasing (-68.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.88 (%).Trend:Decrease 0.07% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 54.85 (%).Trend:Decrease 3.57% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 55.06 (%).Trend:Increase 0.38% than previous quarter

Overall: decreasing (-3.2%). 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 58.54 (%).Trend:Increase 1.46% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 56.95 (%).Trend:Decrease 2.72% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 57.39 (%).Trend:Increase 0.77% than previous quarter

Overall: decreasing (-1.96%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.44 (USD).Trend:Decrease 54.72% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.84 (USD).Trend:Increase 166.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.1 (USD).Trend:Increase 32.81% than previous quarter

Overall: increasing (254.17%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2021 display a significant decline in working capital efficiency. Liabilities and current assets on revenue both decreased substantially throughout the period, exhibiting high volatility.  The ratio of retained earnings to revenue also dropped significantly, demonstrating major fluctuations.  SG&A expense ratio trended slightly downward, with limited fluctuation.  Retained earnings on assets experienced minor fluctuations. Earnings per share, however, exhibited a significant increase, with increases and decreases across the three quarters, indicating substantial volatility.