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 83.7 (%).Trend:Increase 184.4% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.34 (%).Trend:Decrease 54.19% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.34 (%).Trend:Decrease 39.12% than previous quarter

Overall: decreasing (-72.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 67.86 (%).Trend:Increase 259.24% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 34.02 (%).Trend:Decrease 49.87% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 22.86 (%).Trend:Decrease 32.8% than previous quarter

Overall: decreasing (-66.31%). 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 12.2 (%).Trend:Increase 335.71% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 7.2 (%).Trend:Decrease 40.98% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 5.12 (%).Trend:Decrease 28.89% than previous quarter

Overall: decreasing (-58.03%). 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 2.48 (%).Trend:Increase 50.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 2.93 (%).Trend:Increase 18.15% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 3.17 (%).Trend:Increase 8.19% than previous quarter

Overall: increasing (27.82%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 92.86% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.13 (USD).Trend:Increase 333.33% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.17 (USD).Trend:Increase 30.77% than previous quarter

Overall: increasing (466.67%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 data shows significant fluctuations. Liabilities and current assets on revenue decreased substantially.  The ratio of retained earnings to revenue also decreased significantly.  Retained earnings on assets increased moderately, while earnings per share showed significant growth.  This data highlights the need for further analysis to understand the trends.