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 71.98 (%).Trend:Increase 151.85% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.9 (%).Trend:Decrease 52.9% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.59 (%).Trend:Decrease 21.56% than previous quarter

Overall: decreasing (-63.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 197.85 (%).Trend:Increase 150.32% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 105.93 (%).Trend:Decrease 46.46% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 76.08 (%).Trend:Decrease 28.18% than previous quarter

Overall: decreasing (-61.55%). 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 296.02 (%).Trend:Increase 161.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 154.93 (%).Trend:Decrease 47.66% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 111.19 (%).Trend:Decrease 28.23% than previous quarter

Overall: decreasing (-62.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.96 (%).Trend:Decrease 17.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.4 (%).Trend:Increase 3.68% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.6 (%).Trend:Increase 1.61% than previous quarter

Overall: increasing (5.35%). 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 72.47 (%).Trend:Increase 5.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 73.64 (%).Trend:Increase 1.61% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 74.33 (%).Trend:Increase 0.94% than previous quarter

Overall: increasing (2.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.04 (USD).Trend:Decrease 32.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.58 (USD).Trend:Increase 124.51% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.95 (USD).Trend:Increase 51.75% than previous quarter

Overall: increasing (240.69%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 show significant volatility.  Working capital efficiency (liabilities and current assets) shows a decreasing trend. Cost efficiency (ratio of retained earnings to revenue and SG&A) showcases substantial decreases, and then slight increases. Investment efficiency demonstrates a steady upward trend in retained earnings on assets. Earnings per share exhibits substantial fluctuations with an overall significant increase.