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 54.29 (%).Trend:Increase 163.29% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26.74 (%).Trend:Decrease 50.75% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.06 (%).Trend:Decrease 17.5% than previous quarter

Overall: decreasing (-59.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 198.87 (%).Trend:Increase 158.31% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 101.51 (%).Trend:Decrease 48.96% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 72.63 (%).Trend:Decrease 28.45% than previous quarter

Overall: decreasing (-63.48%). 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 282.19 (%).Trend:Increase 139.35% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 138.83 (%).Trend:Decrease 50.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 95.06 (%).Trend:Decrease 31.53% than previous quarter

Overall: decreasing (-66.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.19 (%).Trend:Decrease 28.74% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.13 (%).Trend:Decrease 5.04% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.15 (%).Trend:Increase 1.77% than previous quarter

Overall: decreasing (-3.36%). 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 41.51 (%).Trend:Increase 1.54% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 42.6 (%).Trend:Increase 2.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 42.57 (%).Trend:Decrease 0.07% than previous quarter

Overall: increasing (2.55%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q1 to Q3 2021 displays a largely negative trend across several key metrics. Working capital efficiency (liabilities and current assets on revenue) is decreasing significantly.  Cost efficiency, specifically the retained earnings-to-revenue ratio, is experiencing a significant decline.  The selling, general, and administrative expense ratio shows a moderate decrease.  Investment efficiency, as measured by retained earnings on assets, is increasing with only a small amount of fluctuation.