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 105.23 (%).Trend:Increase 17.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.05 (%).Trend:Decrease 54.34% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.25 (%).Trend:Decrease 37.04% than previous quarter

Overall: decreasing (-71.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 42.0 (%).Trend:Increase 45.33% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 30.48 (%).Trend:Decrease 27.43% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 15.23 (%).Trend:Decrease 50.03% than previous quarter

Overall: decreasing (-63.74%). 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 92.76 (%).Trend:Increase 4.68% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 46.49 (%).Trend:Decrease 49.88% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 32.21 (%).Trend:Decrease 30.72% than previous quarter

Overall: decreasing (-65.28%). 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 10.62 (%).Trend:Decrease 10.61% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 12.53 (%).Trend:Increase 17.98% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 13.17 (%).Trend:Increase 5.11% than previous quarter

Overall: increasing (24.01%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.41 (USD).Trend:Decrease 111.52% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.51 (USD).Trend:Increase 268.29% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.73 (USD).Trend:Increase 14.57% than previous quarter

Overall: increasing (321.95%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased significantly from Q1 to Q3 2021, then fluctuated again.  Current assets on revenue also decreased significantly throughout the same period. Cost efficiency also shows a significant decrease in the ratio of retained earnings to revenue.  Investment efficiency shows a neutral fluctuation in retained earnings on assets. Earnings per share increased significantly over the three quarters, though with significant fluctuations.