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 108.66 (%).Trend:Increase 236.3% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 52.55 (%).Trend:Decrease 51.64% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.81 (%).Trend:Decrease 50.88% than previous quarter

Overall: decreasing (-76.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 118.58 (%).Trend:Increase 169.62% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 60.49 (%).Trend:Decrease 48.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 32.45 (%).Trend:Decrease 46.35% than previous quarter

Overall: decreasing (-72.63%). 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 11.47 (%).Trend:Increase 459.51% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 8.27 (%).Trend:Decrease 27.9% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 6.22 (%).Trend:Decrease 24.79% than previous quarter

Overall: decreasing (-45.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.28 (%).Trend:Increase 17.97% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.3 (%).Trend:Decrease 6.02% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.16 (%).Trend:Decrease 0.92% than previous quarter

Overall: decreasing (-6.88%). 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 4.44 (%).Trend:Increase 51.02% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 7.11 (%).Trend:Increase 60.14% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.53 (%).Trend:Increase 34.04% than previous quarter

Overall: increasing (114.64%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 2021 to Q3 2021 reveal decreasing trends in working capital. Liabilities on revenue and current assets on revenue both decreased with considerable fluctuation.  Cost efficiency shows a decrease in the ratio of retained earnings to revenue, but with substantial volatility. SG&A expense ratio shows a modest overall decrease. Investment efficiency demonstrates a notable increase in retained earnings on assets with high variation across the quarters.  The data suggest potential challenges in working capital management and fluctuating operational efficiencies.