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 31.52 (%).Trend:Increase 157.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 18.72 (%).Trend:Decrease 40.61% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 13.69 (%).Trend:Decrease 26.87% than previous quarter

Overall: decreasing (-56.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 34.69 (%).Trend:Increase 151.19% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 21.15 (%).Trend:Decrease 39.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 15.37 (%).Trend:Decrease 27.33% than previous quarter

Overall: decreasing (-55.69%). 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 7.64 (%).Trend:Increase 177.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4.89 (%).Trend:Decrease 35.99% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 4.01 (%).Trend:Decrease 18.0% than previous quarter

Overall: decreasing (-47.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.88 (%).Trend:Decrease 1.11% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.77 (%).Trend:Decrease 0.43% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.65 (%).Trend:Decrease 0.47% than previous quarter

Overall: decreasing (-0.89%). 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 6.07 (%).Trend:Increase 7.82% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 6.75 (%).Trend:Increase 11.2% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 7.83 (%).Trend:Increase 16.0% than previous quarter

Overall: increasing (29.0%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 55.06% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 58.75% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.97 (USD).Trend:Increase 55.12% than previous quarter

Overall: increasing (146.25%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 detail a mixed financial picture.  Significant fluctuations are seen in liabilities and current assets on revenue, both showing substantial declines.  Retained earnings to revenue ratios also demonstrate a significant downward trend.  SG&A expenses are decreasing steadily.  Investment efficiency is showing positive growth.  Earnings per share are significantly increasing over the period.