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 223.51 (%).Trend:Increase 225.34% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 101.38 (%).Trend:Decrease 54.64% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 82.55 (%).Trend:Decrease 18.57% than previous quarter

Overall: decreasing (-63.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 143.45 (%).Trend:Increase 271.54% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 62.34 (%).Trend:Decrease 56.54% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.84 (%).Trend:Decrease 32.88% than previous quarter

Overall: decreasing (-70.83%). 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 672.65 (%).Trend:Increase 200.88% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 338.69 (%).Trend:Decrease 49.65% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 230.48 (%).Trend:Decrease 31.95% than previous quarter

Overall: decreasing (-65.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.5 (%).Trend:Increase 12.09% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.69 (%).Trend:Decrease 4.91% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.51 (%).Trend:Decrease 1.15% than previous quarter

Overall: decreasing (-6.0%). 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 62.53 (%).Trend:Decrease 2.51% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 64.7 (%).Trend:Increase 3.47% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 67.15 (%).Trend:Increase 3.79% than previous quarter

Overall: increasing (7.39%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.04 (USD).Trend:Decrease 65.33% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.99 (USD).Trend:Increase 91.35% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.24 (USD).Trend:Increase 62.81% than previous quarter

Overall: increasing (211.54%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 show significant fluctuations in working capital efficiency. Liabilities on revenue decreased from Q1 to Q3, while current assets on revenue also decreased. Cost efficiency shows a significant decline in the ratio of retained earnings to revenue, though SG&A expense ratio experienced smaller fluctuations. Investment efficiency demonstrates a steady increase in retained earnings on assets. Earnings per share increased considerably from Q1 to Q3, showing significant fluctuation.