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 155.78 (%).Trend:Increase 127.38% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 89.03 (%).Trend:Decrease 42.85% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 61.28 (%).Trend:Decrease 31.17% than previous quarter

Overall: decreasing (-60.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 236.44 (%).Trend:Increase 162.8% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 117.12 (%).Trend:Decrease 50.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 84.04 (%).Trend:Decrease 28.24% than previous quarter

Overall: decreasing (-64.46%). 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 270.03 (%).Trend:Increase 114.97% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 129.04 (%).Trend:Decrease 52.21% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 86.49 (%).Trend:Decrease 32.97% than previous quarter

Overall: decreasing (-67.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.38 (%).Trend:Decrease 14.75% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.51 (%).Trend:Decrease 1.96% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.04 (%).Trend:Decrease 1.08% than previous quarter

Overall: decreasing (-3.02%). 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 47.66 (%).Trend:Increase 2.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 45.57 (%).Trend:Decrease 4.39% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 44.72 (%).Trend:Decrease 1.87% than previous quarter

Overall: decreasing (-6.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.54 (USD).Trend:Decrease 87.63% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.06 (USD).Trend:Increase 99.21% than previous quarter
Year 2021 Quarter 3: Earning Per Share 7.36 (USD).Trend:Increase 45.45% than previous quarter

Overall: increasing (189.76%). Fluctuation: **Significant** (high variation).



The financial review of Q1-Q3 2021 reveals substantial fluctuations.  Key metrics like Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue decreased significantly, suggesting potential operational challenges.  However, Earnings Per Share experienced substantial growth (189.76%), which needs to be analyzed further to understand the drivers of this increase. SG&A and Retained Earnings on Assets showed less dramatic changes.